Zijin Mining’s Preliminary First-Quarter Results Largely In Line With Our Expectations
No-moat Zijin Mining guided that first-quarter 2017 net profit is expected to increase by 1400%-1500% from CNY 64 million a year ago. Despite the strong improvement, this is largely within our expectations, and we retain our fair value estimates of HKD 2.36 per share (CNY 2.10 per share) and earnings forecasts, pending more detailed information from the firm’s final results in late April.The company is attributing the profit recovery to rising metal prices and increasing production and sales vo...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.