Zijin Mining's Earnings Growth Poised to Continue -- Market Talk

Dow Jones03-24 09:27

0127 GMT - Zijin Mining's earnings growth in 1Q could continue as sales volume and product average-selling prices rise, say DBS Group Research analysts in a note. They expect the Chinese miner to post another quarter with record-high operating results on higher metal prices. While price volatility in precious metals could weigh on near-term share-price, the company's share buyback plan could support, they say. DBS maintains its 2026 gold and copper price projections at $4,800 a troy ounce and $11,000 a metric ton, respectively. DBS retains its buy rating on the stock with its Hong Kong share target at HK$55.00 and Shanghai share target at 51.00 yuan. H shares last closed at HK$32.52, while A shares ended at 30.58 yuan. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 21:27 ET (01:27 GMT)

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