An unfavourable environment weighs on CHIN.NTHN.RA.ETH.GP., which sees a downgrade to Slightly Negative
The independent financial analyst theScreener just requalified the general evaluation of CHIN.NTHN.RA.ETH.GP. (CN), active in the General Mining industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date January 28, 2020, the closing price was CNY 10.14 and its target price was estimated at CNY 8.44.Inner Mongolia Baotou Steel Rare-Earth Hi-Tech is engaged in the production and sale of rare earth ore concentrates, rare earth deep processed products, rare earth new materials, and metallurgy and chemical products; the development, production and sale of rare earth high science and technology application products; the export of rare earth products, rechargeable batteries, and hardware chemical products; the provision of technical advisory and information services; and the import of raw materials, machinery equipment, instruments, and spare parts needed for the production and research process.
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