The non-ferrous sector continued to strengthen. Huayu Mining continued to rise. Shengda Resources, Liyuan Co., Ltd., Zhuye Group, Zhongyuan New Materials, and Bowei Alloy followed suit.
The non-ferrous sector continued to strengthen. Huayu Mining continued to rise. Shengda Resources, Liyuan Co., Ltd., Zhuye Group, Zhongyuan New Materials, and Bowei Alloy followed suit.
The non-ferrous metals sector opened and rallied, Huayu Mining shook up and down, Shengda Resources rose more than 7%, and Yuguang Gold Lead, Hongda Co., Ltd., Beifang Copper, and CICC Lingnan followed suit.
The non-ferrous metals sector opened and rallied, Huayu Mining shook up and down, Shengda Resources rose more than 7%, and Yuguang Gold Lead, Hongda Co., Ltd., Beifang Copper, and CICC Lingnan followed suit.
The industrial metals sector recovered during the intraday period, and Shengda Resources fell nearly 6.5%. Nearly ten stocks, including Northern Copper, Baiyin and Nonferrous, Yuguang Gold and Lead, Wanshun New Materials, Western Mining, and Zhuye Group a
The industrial metals sector recovered during the intraday period, and Shengda Resources fell nearly 6.5%. Nearly ten stocks, including Northern Copper, Baiyin and Nonferrous, Yuguang Gold and Lead, Wanshun New Materials, Western Mining, and Zhuye Group all fell by more than 4%.
Tianfeng Securities Nonferrous Metals 23 & 24Q1 Summary: Resource side, gold & copper lead the way, and signs of improvement on the material side show
Looking at the overall situation of the non-ferrous metals sector in 23-24Q1, profits on the resource side were divided, the performance of the gold & copper sector increased sharply year-on-year, and signs of improvement on the material side were evident.
Gold stocks continued to rise sharply in the afternoon. Hunan Gold hit a new high since 2011. Many stocks such as Xiaocheng Technology, Hunan Baiyin, Shengda Resources, Yuguang Gold Lead, and Baiyin Nonferrous were closed, and Mancaron rose more than 15%.
Gold stocks continued to rise sharply in the afternoon. Hunan Gold hit a new high since 2011. Many stocks such as Xiaocheng Technology, Hunan Baiyin, Shengda Resources, Yuguang Gold Lead, and Baiyin Nonferrous were closed, and Mancaron rose more than 15%.
Shengda Resources (000603): Multiple projects are about to contribute to gold and silver increments, and leading silver players are expected to achieve sharp increases in volume and price during the interest rate cut cycle
Continued acquisition of high-quality mines, with silver reserves+harvesting capacity ranked among the top domestic companies, successively acquired Yindu Mining, Everbright Mining, Jindu Mining, Dongsheng Mining, Jinshan Mining, Deyun Mining, and Honglin Mining, and increased its capital to become a gold industry chain in 2020
US CPI rekindles expectations of interest rate cuts! The gold sector is strongly on the rise. Institutions: optimistic about medium- to long-term allocation values
Rebirth of the dawn
The precious metals sector rebounded. Shengda Resources rose nearly 5%, Hunan Baiyin and Hunan Gold rose more than 3%, and Yintai Gold and Shandong Gold rose more than 2%.
The precious metals sector rebounded. Shengda Resources rose nearly 5%, Hunan Baiyin and Hunan Gold rose more than 3%, and Yintai Gold and Shandong Gold rose more than 2%.
Shengda Resources (000603.SZ): As of May 10, 2024, the number of shareholders of the company was 29,507
Gelonghui, May 13 | Shengda Resources (000603.SZ) said on the investor interactive platform that according to data provided by China Securities Registration and Settlement Co., Ltd., as of May 10, 2024, the number of shareholders of the company was 29,507.
Shengda Resources (000603): Performance is under pressure in the short term, no change, and there is full potential to move forward with gold and silver in the long term
Core view The company's 2023 performance is under pressure, mainly affected by technical improvements and production cuts in some mines, deterioration in grade disturbances, and falling zinc prices. As a domestic silver leader, the company has a full silver production capacity of more than 200 tons, resources of nearly 10,000 tons, and high quality and success
Shengda Resources (000603.SZ): A total of 0.74% of shares have been repurchased
Gelonghui, May 6 | Shengda Resources (000603.SZ) announced that as of April 30, 2024, the company had repurchased 5,082,300 shares through a dedicated securities account, accounting for 0.74% of the company's total share capital. The highest transaction price was 12.90 yuan/share, the minimum transaction price was 7.24 yuan/share, and the total transaction amount was 46,382,157.34 yuan (not including transaction fees).
Shengda Resources (000603): There is plenty of room for endogenous growth, and epitaxial mergers and acquisitions can be expected
The company disclosed 23 years of results. The company achieved operating income of 2,254 billion yuan in 23, an increase of 19.92% over the previous year; achieved net profit of 148 million yuan, a year-on-year decrease of 59.41%; and realized net profit without deduction to mother 1.
Shengda Resources (000603) 2023 Annual Report Review: Short-term performance of scarce domestic silver labels disrupts long-term positive trends
Incident: In 2023, the company's net profit to mother was 148 million, -59% year-on-year, after deducting non-net profit of 140 million yuan, -61% year-on-year. Technical reforms in Jinshan mining, falling zinc prices, etc. affected the release of the company's performance, and the subsequent impact may be gradually eliminated. 1
Shengda Resources (000603.SZ): Net loss of 8.7783 million yuan in the first quarter
Gelonghui, April 29 | Shengda Resources (000603.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 263 million yuan, down 6.27% year on year; net profit attributable to shareholders of listed companies - 8.7783 million yuan, year-on-year profit and loss; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 7.1008 million yuan; basic earnings per share - 0.0128 yuan.
Minsheng Securities released a research report on April 28 stating that it gave Shengda Resources (000603.SZ) a recommended rating. The main reasons for the rating include: 1) the decline in silver production, which is the main reason why the company's pe
Minsheng Securities released a research report on April 28 stating that it gave Shengda Resources (000603.SZ) a recommended rating. The main reasons for the rating include: 1) the decline in silver production, which is the main reason why the company's performance fell short of expectations; 2) the unit cost rose due to the decline in production, and the cost rate decreased during the period; 3) with high-quality domestic silver resources, silver production capacity continued to grow; 4) the acquisition of the Caiyuanzi Copper and Gold Mine to create a comprehensive strategic layout for precious metals. (Mainichi Keizai Shimbun)
Tianfeng Securities: The price of gold and silver, which reached an all-time high of about 90, may be significantly undervalued
The Zhitong Finance App learned that Tianfeng Securities released a research report saying that the current gold-to-silver ratio has reached a historical high of around 90, and the price of silver may be significantly underestimated. Historically, there have only been a few cases where the ratio of gold to silver exceeds 90, usually related to a specific geopolitical situation or economic environment. For example, geopolitical tension between 1991 and 1992 and the wave of interest rate cuts in September last year all affected the gold to silver ratio. From a historical perspective, the average gold to silver ratio is between 40:1-50:1. With the gradual recovery of economic activity and changes in market sentiment, the gold to silver ratio is expected to be adjusted, which indicates the potential for future silver prices
Tianfeng Securities: The price of silver may be seriously undervalued, and the gold to silver ratio is expected to repair the market
Tianfeng Securities released a research report saying that the current gold-to-silver ratio has reached an all-time high of around 90, and the price of silver may be seriously undervalued. Historically, there have only been a few cases where the ratio of gold to silver exceeds 90, usually related to a specific geopolitical situation or economic environment. From a historical perspective, the average gold to silver ratio is between 40:1-50:1. With the gradual recovery of economic activity and changes in market sentiment, the gold to silver ratio is expected to be adjusted, which indicates potential room for future increases in silver prices. Recommended attention: Shengda Resources (000603.SZ), Societe Generale Silver Tin (000426.SZ), Yintai Gold (00)
China Nonferrous Metal to Sell 2.3% Stake in Shengda Resources
China Nonferrous Metal Industry's Foreign Engineering & Construction (SHE:000758) plans to offload its 2.3% equity interest in Shengda Resources (SHE:000603), according to a Thursday filing with the S
China Color Co., Ltd. (000758.SZ) plans to sell all 2.31% of its shares in Shengda Resources
China Color Co., Ltd. (000758.SZ) issued an announcement. The company currently holds Shengda Metal Resources Co., Ltd. (“...
Dragon Tiger List丨The net purchase of Shengda Resources was 49,2773 million yuan by the top five institutions in the phase of growth and stoppage
Gelonghui, April 12 | Shengda Resources (000603.SZ) rose and stopped today. The stock price hit an 11-month high, with a turnover of 617 million yuan and a turnover of 6.26%. According to Dragon Tiger Index data, Shenzhen Stock Connect bought a seat with a net purchase of 21.8011 million yuan; the five institutions bought 65.3511 million yuan and sold 16.0773 million yuan at the same time, for a total net purchase of 49.2773 million yuan.
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