02899 Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

0 Analyst Rating

Wall Street analysts forecast 02899 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02899 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

0 Hold

0 Sell

Current: 33.500

Low

Averages

High

Current: 33.500

Low

Averages

High

Citi Research

NULL

Buy

initiated

$39

2025-11-14

Reason

Citi Research

Price Target

$39

2025-11-14

initiated

NULL

Buy

Reason

The analyst rating for ZIJIN MINING was upgraded to "Buy" by Citi Research due to the company's strategic focus on increasing gold production, with a target of 100 tons annually by 2030, and its plans for growth through both internal enhancements and acquisitions, particularly in South America and Africa. Additionally, the expectation of continued upside potential in gold prices contributed to the positive outlook. The broker set a target price of $39 for the stock.

Morgan Stanley

resumed

$46.1

2025-11-06

Reason

Morgan Stanley

Price Target

$46.1

2025-11-06

resumed

Reason

The analyst rating for ZIJIN MINING is based on Morgan Stanley's assessment of the copper supply-demand gap, which is expected to widen by 2026 due to recent copper mine accidents. The firm believes that copper prices have significant upward potential. Additionally, Morgan Stanley highlights ZIJIN MINING's operational model that supports sustained growth, projecting a compound annual growth rate (CAGR) of 10.5% in copper production and 7.3% in gold production from 2025 to 2028. This positive outlook has led Morgan Stanley to set a target price of HKD46.1 and assign an Overweight rating to ZIJIN MINING.

CICC

Outperform

upgrade

$40

2025-10-22

Reason

CICC

Price Target

$40

2025-10-22

upgrade

Outperform

Reason

The analyst rating for ZIJIN MINING was kept at "Outperform" by CICC due to the company's strong performance in the first three quarters of 2025, where revenue and net profit attributable to shareholders rose significantly year-over-year. Additionally, the net profit for the third quarter exceeded market expectations, primarily driven by better-than-expected non-operating income. CICC also raised its target price for the stock by 33% to HKD40, reflecting confidence in the company's future performance.

Jefferies

upgrade

2025-10-22

Reason

Jefferies

Price Target

2025-10-22

upgrade

Reason

The analyst rating from Jefferies for ZIJIN MINING is a "Buy" due to several positive factors highlighted in their research report. The company's 3Q25 net profit after tax grew by 11% quarter-over-quarter (QoQ) and 57% year-over-year (YoY), slightly exceeding the broker's expectations. Additionally, ZIJIN MINING's recurring net profit also met expectations with a 6% QoQ and 50% YoY increase. The company's gold production rose significantly, with a 7% QoQ and 26% YoY increase, and the recent acquisition of the Raygorodok gold mine is expected to boost full-year gold production beyond initial guidance. As a result, Jefferies raised its target price for the stock, reflecting confidence in the company's performance and growth prospects.

JPMorgan

upgrade

$28 -> $42

2025-10-21

Reason

JPMorgan

Price Target

$28 -> $42

2025-10-21

upgrade

Reason

The analyst rating for ZIJIN MINING (02899.HK) is positive due to several key factors: 1. Resilient Growth Trajectory: The company's 3Q25 operating performance indicates strong growth. 2. Constructive Outlook for Metal Prices: There are favorable macro and micro conditions expected for gold and copper prices. 3. Successful Spin-off: The spin-off and listing of its overseas business have created new growth opportunities. 4. Increased Profit Contribution from Gold: The gold sector is becoming a significant profit growth engine for the company. 5. Upward Revision of Earnings Forecasts: JPMorgan raised its earnings forecasts for 2025-27 by 9-20% in light of the upward trend in metal prices and ZIJIN MINING's strong production fundamentals. As a result, JPMorgan raised the target price from HKD28 to HKD42 and maintained an Overweight rating, designating ZIJIN MINING as its top pick in the industry.

HSBC Global Research

Buy

maintain

$43

2025-10-21

Reason

HSBC Global Research

Price Target

$43

2025-10-21

maintain

Buy

Reason

The analyst rating for ZIJIN MINING was maintained at "Buy" by HSBC Global Research due to several key factors: 1. Earnings Growth: The company's 3Q25 earnings grew by 57% year-over-year, slightly exceeding expectations, which indicates strong financial performance. 2. Higher Gold Prices: The increase in gold prices contributed significantly to the earnings growth, enhancing profitability. 3. Increased Sales Volume and One-off Gains: These factors further supported the earnings, offsetting the impact of higher unit costs. 4. Improved Gross Profit Margin: The gross profit margin rose to 24%, up 6 percentage points year-over-year, benefiting from both higher gold prices and contributions from new mines. 5. Optimistic Outlook: HSBC Global Research expressed confidence in the company's high-quality assets, which are expected to support steady output growth and an anticipated earnings compound annual growth rate (CAGR) of 31% for 2024-2027. As a result of these positive indicators, HSBC raised its target price for ZIJIN MINING from $41.8 to $43, reflecting an attractive valuation.

Valuation Metrics

The current forward P/E ratio for ZIJIN MINING (02899.HK) is 13.43, compared to its 5-year average forward P/E of 0.81. For a more detailed relative valuation and DCF analysis to assess ZIJIN MINING 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

0.81

Current PE

13.43

Overvalued PE

4.36

Undervalued PE

-2.73

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

9.02

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

10.10

Undervalued EV/EBITDA

7.94

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

1.20

Current PS

0.00

Overvalued PS

1.51

Undervalued PS

0.89

Financials

Annual

Quarterly

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

02899 News & Events

Events Timeline

No data

News

4.5

12-17aastocks

Net Inflow of HKD1.1B in Southbound Trading for XIAOMI-W

4.5

12-17aastocks

HSI Rises 29% Year-to-Date, Poised for Best Annual Performance Since 2017

4.5

12-17aastocks

HSI Starts with an 8-Point Gain; Gold and LI NING Surge; CNOOC Declines

People Also Watch

Frequently Asked Questions

What is ZIJIN MINING (02899) stock price today?

The current price of 02899 is 33.5 USD — it has decreased -0.12 % in the last trading day.

What is ZIJIN MINING (02899)'s business?

What is the price predicton of 02899 Stock?

Wall Street analysts forecast 02899 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02899 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is ZIJIN MINING (02899)'s revenue for the last quarter?

ZIJIN MINING revenue for the last quarter amounts to NaN USD, decreased % YoY.

What is ZIJIN MINING (02899)'s earnings per share (EPS) for the last quarter?

ZIJIN MINING. EPS for the last quarter amounts to USD, decreased % YoY.

What changes have occurred in the market's expectations for ZIJIN MINING (02899)'s fundamentals?

The market is revising No Change the revenue expectations for 02899 for , with the revenue forecasts being adjusted by % over the past three months. During the same period, the stock price has changed by %.

How many employees does ZIJIN MINING (02899). have?

ZIJIN MINING (02899) has 0 emplpoyees as of December 18 2025.

What is ZIJIN MINING (02899) market cap?

Today 02899 has the market capitalization of 0.00 USD.

02899

Overview

Forecast

Valuation

Earnings

02899

Overview

Forecast

Valuation

Earnings

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

02899 News & Events

Events Timeline

No data

News

People Also Watch

Frequently Asked Questions

What is ZIJIN MINING (02899) stock price today?

What is ZIJIN MINING (02899)'s business?

What is the price predicton of 02899 Stock?

What is ZIJIN MINING (02899)'s revenue for the last quarter?

What is ZIJIN MINING (02899)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for ZIJIN MINING (02899)'s fundamentals?

How many employees does ZIJIN MINING (02899). have?

What is ZIJIN MINING (02899) market cap?