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<Research>Citi: ZIJIN MINING (02899.HK) Added to Pan-Asia Focus List on Optimism on Gold/ Copper/ Lithium Output Growth w/ TP $51.8
Recommend 5 Positive 7 Negative 6 |
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Given the expected substantial growth in gold, copper and lithium output in the coming years, supported by the management's strong track record in M&A, Citi Research added ZIJIN MINING (02899.HK) to its Pan-Asia Focus List, according to Citi Research's research report. The heightened geopolitical tensions and central banks' gold buying may keep gold prices at a high level in the short term, while the structural bull market for copper remains unchanged. Therefore, the broker rated ZIJIN MINING at Buy, with a target price of $51.8. AASTOCKS Financial News Website: www.aastocks.com |
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