Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Tongguan Gold Group Limited, an investment holding company, primarily engages in the exploration, mining, processing, and sale of gold and related products in the People's Republic of China. The company was formerly known as China Mining Resources Group Limited and changed its name to Tongguan Gold Group Limited in April 2018. Tongguan Gold Group Limited is headquartered in Admiralty, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of 0340.HK is 4.4 and suggests 66% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr