2899.HK - Zijin Mining Group Company Limited

HKSE - HKSE Delayed Price. Currency in HKD
3.000
+0.130 (+4.53%)
At close: 4:08PM HKT
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Previous Close2.870
Open2.900
Bid3.000 x 0
Ask3.010 x 0
Day's Range2.890 - 3.070
52 Week Range2.490 - 4.370
Volume75,941,214
Avg. Volume26,030,279
Market Cap96.348B
Beta1.03
PE Ratio (TTM)15.64
EPS (TTM)0.192
Earnings DateN/A
Forward Dividend & Yield0.11 (4.15%)
Ex-Dividend Date2018-05-28
1y Target Est3.88
  • Reuters6 days ago

    BRIEF-Zijin Mining To Invest $350 Mln For Stake In Serbia's Rudarsko-Topioničarski Basen RTB Bor Doo

    Sept 17 (Reuters) - Zijin Mining Group Co Ltd : * SAYS IT PLANS TO INVEST $350 MILLION IN SERBIA'S RUDARSKO-TOPIONIČARSKI BASEN RTB BOR DOO FOR 63 PERCENT STAKE Source text in Chinese: https://bit.ly/2OskRtT ...

  • Reuters17 days ago

    Lundin Mining says no plan to amend hostile Nevsun bid

    Canada's Lundin Mining Corp said on Thursday it does not plan to revise its hostile bid for fellow base-metal miner Nevsun Resources Ltd after it was trumped by a C$1.86 billion ($1.42 billion) offer from China's Zijin Mining Group Co Ltd. Lundin made five informal proposals and took a C$1.4 billion bid made directly to shareholders in July, all of which were rejected as inadequate by Nevsun. Lundin, whose bid expires on Nov. 9, said on Thursday that it does not plan to amend any of the terms in its offer.

  • Nevsun Resources to Be Acquired by Zijin Mining for $1.41 Billion
    GuruFocus.com17 days ago

    Nevsun Resources to Be Acquired by Zijin Mining for $1.41 Billion

    Nevsun Resources Ltd. (NSU) soared 17.91% to $4.41 per share on the New York Stock Exchange on Wednesday, on the heels of the agreement reached with Zijin Mining Group Co. Ltd. (601899.SS) for the sale to the Chinese metal producer of its ordinary stock in an all-cash deal. The parties agreed that one share of Nevsun Resources is valued at $6 Canadian dollars ($4.60 U.S.), which represents a 57% premium to the unaffected closing price as of May 7, 2018, for a total consideration of approximately $1.41 billion. Warning! GuruFocus has detected 5 Warning Signs with NSU.

  • China's Appetite for Copper Mines Ends Metal's Rout
    Bloomberg18 days ago

    China's Appetite for Copper Mines Ends Metal's Rout

    Zijin Mining Group Co.’s appetite for copper mines eases concerns about demand for the metal in China, the world’s largest consumer, helping end the metal’s four-day rout. On Wednesday, Zijin agreed to ...

  • Reuters18 days ago

    China's Zijin Mining to buy Canada's Nevsun for about $1.41 bln

    China's Zijin Mining Group Co will buy Canadian gold and copper miner Nevsun Resources Ltd for about C$1.86 billion ($1.41 billion), the companies said on Wednesday, after Nevsun rejecting multiple bids from rival Lundin Mining Corp. Zijin Mining, which specialises in gold, copper and zinc, will offer C$6.00 per share in cash for Nevsun, the companies said, representing a premium of about 21 percent to Nevsun's close in Toronto on Tuesday. Lundin took its all-cash offer of C$4.75 per share directly to Nevsun shareholders on July 26, after its five previous proposals were rejected by the company.

  • Nevsun Finds a White Knight in Zijin With $1.41 Billion Deal
    Bloomberg18 days ago

    Nevsun Finds a White Knight in Zijin With $1.41 Billion Deal

    Zijin Mining Group Co. agreed to buy Nevsun Resources Ltd. for $1.41 billion to add copper assets in Serbia and Eritrea and enable the Canadian firm to ward off a hostile bid from rival Lundin Mining Corp. Nevsun rejected repeated overtures from Lundin this year, saying that its offers undervalued the company and its assets. “We think this is a very good offer from Zijin and Nevsun is very supportive of it," Nevsun Chief Executive Officer Peter Kukielski said in an interview.

  • Reuters18 days ago

    Canada's Nevsun agrees for $1.41 bln takeover by China's Zijin Mining

    Nevsun Resources Ltd said on Wednesday it entered into an agreement pursuant to which China's Zijin Mining Group Co Ltd will make an offer valued at C$1.86 billion for the Canadian miner. Zijin Mining ...

  • An Intrinsic Calculation For Zijin Mining Group Company Limited (HKG:2899) Shows It’s 47.09% Undervalued
    Simply Wall St.26 days ago

    An Intrinsic Calculation For Zijin Mining Group Company Limited (HKG:2899) Shows It’s 47.09% Undervalued

    Does the share price for Zijin Mining Group Company Limited (HKG:2899) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by taking the expected future cash flowsRead More...

  • Reuterslast month

    BRIEF-Zijin Mining Says 6-Month Net Profit Up 67.8 Percent Y/Y

    Aug 24 (Reuters) - Zijin Mining Group Co Ltd : * SAYS 6-MONTH NET PROFIT UP 67.8 PERCENT Y/Y Source text in Chinese: https://bit.ly/2NhSwGh Further company coverage: (Reporting by Hong Kong newsroom)

  • Moody's2 months ago

    Zijin Mining Group Company Limited -- Moody's assigns first-time Baa3 rating to Zijin Mining Group

    Moody's Investors Service has assigned a first-time Baa3 issuer rating to Zijin Mining Group Company Limited. "Zijin's Baa3 issuer rating reflects the company's large scale and leading position as one of the major producers of gold, copper and zinc in China, its profitable mining operations with competitive cost advantages, its diversified metal products and geographic locations, its relationship with the Shanghang County Government and its good access to funding," says Kaven Tsang, a Moody's Vice President and Senior Credit Officer, also Moody's International Lead Market Analyst for Zijin.

  • Why Zijin Mining Group Company Limited (HKG:2899) Is Truly A Standout Investment
    Simply Wall St.3 months ago

    Why Zijin Mining Group Company Limited (HKG:2899) Is Truly A Standout Investment

    Zijin Mining Group Company Limited (HKG:2899) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective.Read More...

  • Reuters4 months ago

    BRIEF-Zijin Mining Says Lock-Up Period For 1.07 Bln A-Shares To End

    May 30 (Reuters) - Zijin Mining Group Co Ltd : * SAYS LOCK-UP PERIOD FOR 1.07 BILLION A-SHARES TO END, SHARES TO START TRADING ON JUNE 7 Source text in Chinese: https://bit.ly/2L7trfE Further company coverage: ...

  • Should Income Investors Buy Zijin Mining Group Company Limited (HKG:2899) Before Its Ex-Dividend?
    Simply Wall St.4 months ago

    Should Income Investors Buy Zijin Mining Group Company Limited (HKG:2899) Before Its Ex-Dividend?

    Shares of Zijin Mining Group Company Limited (SEHK:2899) will begin trading ex-dividend in 2 days. To qualify for the dividend check of CN¥0.09 per share, investors must have owned theRead More...

  • Reuters4 months ago

    BRIEF-JCHX Mining Management Signs Strategic Agreement With Zijin Mining

    May 11 (Reuters) - JCHX Mining Management Co Ltd : * SAYS IT SIGNS STRATEGIC COOPERATION AGREEMENT WITH ZIJIN MINING Group Co Ltd Source text in Chinese: https://bit.ly/2wzpcHe Further company coverage: ...

  • Estimating The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)
    Simply Wall St.5 months ago

    Estimating The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)

    How far off is Zijin Mining Group Company Limited (SEHK:2899) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether theRead More...

  • What Do Analysts Think About Zijin Mining Group Company Limited’s (HKG:2899) Earnings Trend?
    Simply Wall St.5 months ago

    What Do Analysts Think About Zijin Mining Group Company Limited’s (HKG:2899) Earnings Trend?

    Zijin Mining Group Company Limited’s (SEHK:2899) released its most recent earnings update in December 2017, which signalled that the company experienced a sizeable tailwind, leading to a high double-digit earningsRead More...

  • Should You Sell Zijin Mining Group Company Limited (HKG:2899) At This PE Ratio?
    Simply Wall St.6 months ago

    Should You Sell Zijin Mining Group Company Limited (HKG:2899) At This PE Ratio?

    Zijin Mining Group Company Limited (SEHK:2899) is currently trading at a trailing P/E of 18x, which is higher than the industry average of 13.1x. While this makes 2899 appear likeRead More...

  • Reuters6 months ago

    China's Zijin Mining interested in Serbian copper mine RTB, Belgrade says

    China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade. President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said in a statement. Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex, which suffered a long period of neglect during the Balkan Wars of the 1990s and the country's subsequent international isolation.

  • Does Zijin Mining Group Company Limited (HKG:2899) Have A Place In Your Dividend Portfolio?
    Simply Wall St.7 months ago

    Does Zijin Mining Group Company Limited (HKG:2899) Have A Place In Your Dividend Portfolio?

    Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Zijin Mining Group Company Limited (SEHK:2899) has returnedRead More...

  • Reuters7 months ago

    BRIEF-Zijin Mining Sets 2018 Output Targets For Gold, Copper

    Feb 7 (Reuters) - Zijin Mining Group Co Ltd : * SAYS IT SETS 2018 OUTPUT TARGETS WITH GOLD OUTPUT OF 37 TONNES, COPPER OUTPUT OF 244,000 TONNES Source text in Chinese: http://bit.ly/2ELZsYJ Further company ...

  • Calculating The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)
    Simply Wall St.8 months ago

    Calculating The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)

    Does the share price for Zijin Mining Group Company Limited (SEHK:2899) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method.Read More...

  • Should You Buy Zijin Mining Group Company Limited (SEHK:2899) At $2.53?
    Simply Wall St.10 months ago

    Should You Buy Zijin Mining Group Company Limited (SEHK:2899) At $2.53?

    Let’s talk about the popular Zijin Mining Group Company Limited (SEHK:2899). The company’s shares received a lot of attention from a substantial price movement on the SEHK in the overRead More...

  • China's Appetite for Copper Mines Ends Metal's Rout
    Bloomberg Video18 days ago

    China's Appetite for Copper Mines Ends Metal's Rout

    Sep.06 -- Zijin Mining Group Co.’s appetite for copper mines eases concerns about demand for the metal in China, the world’s largest consumer, helping end the metal’s four-day rout. On Wednesday, Zijin agreed to buy Nevsun Resources for $1.41 billion to add copper assets in Serbia and Eritrea. Bloomberg's James Poole reports on "Bloomberg Markets: Asia."