SUMITOMO METAL MINING sees an upgrade to Slightly Positive due to a better fundamental star rating
The general evaluation of SUMITOMO METAL MINING (JP), a company active in the Non Ferrous Metals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 23, 2021, the closing price was JPY 5,578.00 and its potential was estimated at JPY 5,885.00.Sumitomo Metal Mining is mainly engaged in the development of resources as well as the manufacture and sale of nonferrous metals and electronic materials. Along with its subsidiaries and associated companies, Co. operates in three principal business segments: mineral resources, smelting & refining and materials. Co.'s principal products include non-ferrous metals resources including gold and silver ore, copper concentrates, base metals such as copper, nickel and precious metals and IC packaging materials, electronics materials and optical communication materials; metal powders, circuit board materials and magnet materials. In addition, Co. is engaged in the engineering business and other.
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