According to the Guolian Securities Research Report, Jinyuan International, an overseas wholly-owned subsidiary of Zijin Mining, recently signed an “Share Acquisition Agreement” with Newmont Golden Ridge, a wholly-owned subsidiary of Newmont. Jinyuan International plans to invest 1 billion US dollars to acquire 100% of Newmont Golden Ridge's shares. The company is a global mining giant. World-class resources and capacity allocation will help the company's production to climb rapidly, and mineral copper and gold production is expected to reach a high level and advance. The corresponding P/E for the current stock price is 14.7/12.3/10.5 times, respectively, maintaining the “buy” rating.

According to the Guolian Securities Research Report, Jinyuan International, an overseas wholly-owned subsidiary of Zijin Mining, recently signed an “Share Acquisition Agreement” with Newmont Golden Ridge, a wholly-owned subsidiary of Newmont. Jinyuan International plans to invest 1 billion US dollars to acquire 100% of Newmont Golden Ridge's shares. The company is a global mining giant. World-class resources and capacity allocation will help the company's production to climb rapidly, and mineral copper and gold production is expected to reach a high level and advance. The corresponding P/E for the current stock price is 14.7/12.3/10.5 times, respectively, maintaining the “buy” rating.