Risk factor
Good trading liquidity
Profitability factor
Decent dividends
About
Tongling Nonferrous Metals Group Co., Ltd. primarily focuses on the entire lifecycle of copper, encompassing its discovery, extraction, refining, and manufacturing. Its comprehensive product line features a diverse range of copper-based items, such as cathodes, various processing materials, flat wires (including low oxygen, enameled, and paper bag varieties), rods, anodic phosphor bronzes, cables, brass bars, precise copper and alloy plates, transposed wires, and electronic copper foils. Furthermore, the company supplies an assortment of other commodities like silver, gold, mineral concentrates (such as sulfur and monosulfide), sulfuric acid, crude nickel sulfate, iron products (including powder, pellets, and converter slag), and more. Founded in 1992, the firm is headquartered in Tongling, China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of 000630.SZ is 5.00 and suggests 16.8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation