XIAMEN TUNGSTEN CO. with less fundamental stars is reduced to Neutral
XIAMEN TUNGSTEN CO. (CN), a company active in the Non Ferrous Metals industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date January 24, 2020, the closing price was CNY 12.50 and its expected value was estimated at CNY 12.86.Xiamen Tungsten is engaged in smelting, processing and selling tungsten and non-ferrous metal; and the development and management of properties. Through its subsidiaries, Co. is also engaged in the import and export trading; the production of tungsten ore and metal products; the operation of tungsten molybdenum wire power source material; property management; and tungsten and rare-earth mining. Co.'s major products include ammonium paratungstate, tungsten oxidize, tungsten powder, tungsten carbide powder and hard alloy, tungsten molybdenum wire series electric light source materials.
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