Citi raised its net profit forecasts for CMOC due to the anticipated contribution from the acquisition of Brazilian gold assets, which is expected to generate significant net profit in 2026. The firm expects these assets to yield 7.1 tons of attributable gold production, leading to an estimated RMB2.4 billion in net profit. Additionally, Citi's positive outlook on rising commodity prices further supports its Buy rating and the increase in the target price for CMOC.

Huatai Securities

Buy

maintain

2026-02-03

Reason

Huatai Securities

Price Target

2026-02-03

maintain

Buy

Reason

The analyst rating from Huatai Securities is optimistic about CMOC (03993.HK) due to several key factors: 1. Bullish Upcycle of Copper and Gold Prices: The report highlights a positive outlook on the prices of copper and gold, which are critical to CMOC's business. 2. Leadership in Copper Mining: CMOC is recognized as a domestic leader in the copper mining industry, indicating strong market positioning and growth potential. 3. Expansion into Gold: The company's strategic focus on expanding into the gold business is expected to enhance its valuation, transitioning from a copper-centric model to a 'copper+gold' model. 4. Valuation Metrics: Huatai Securities maintains a premium rate for CMOC's A-shares and has set a favorable price-to-earnings (PE) ratio for 2026, reflecting confidence in the company's future earnings potential. 5. Target Price Increases: The target prices for both A-shares and H-shares have been raised significantly, indicating a strong belief in the company's growth prospects. Overall, these factors contribute to Huatai Securities maintaining a "Buy" rating for CMOC.

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Valuation Metrics

The current forward P/E ratio for (03993.HK) is 17.64, compared to its 5-year average forward P/E of 10.76. For a more detailed relative valuation and DCF analysis to assess '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.

5Y Average PE

10.76

Current PE

17.64

Overvalued PE

14.63

Undervalued PE

6.89

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

7.22

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

9.46

Undervalued EV/EBITDA

4.99

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

0.74

Current PS

0.00

Overvalued PS

1.01

Undervalued PS

0.48

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Frequently Asked Questions

What is (03993) stock price today?

The current price of 03993 is 23.24 USD — it has decreased -6.21

What is (03993)'s business?

What is the price predicton of 03993 Stock?

Wall Street analysts forecast 03993 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03993 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 (03993)'s revenue for the last quarter?

revenue for the last quarter amounts to NaN USD, decreased

What is (03993)'s earnings per share (EPS) for the last quarter?

. EPS for the last quarter amounts to USD, decreased

How many employees does (03993). have?

(03993) has 0 emplpoyees as of March 03 2026.

What is (03993) market cap?

Today 03993 has the market capitalization of 0.00 USD.

03993 Overview