- Shandong Gold is expecting an increase in its preliminary full-year net income by 16% to 37% year-over-year.
- The preliminary net income is projected to be between 2.7 billion yuan and 3.2 billion yuan.
- Analysts had estimated the net income to be around 3.54 billion yuan, slightly higher than the preliminary figures provided.
- Current market sentiment includes 16 buy ratings for Shandong Gold’s stock.
- There is 1 hold rating, indicating some uncertainty or expectation for the stock to trade stably in the near term.
- There is 1 sell rating, suggesting a belief by some that the stock may decrease in value.
A look at Shandong Gold Mining Co., Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Shandong Gold Mining Co., Ltd. is looking toward a promising long-term future, according to Smartkarma Smart Scores. With a solid Growth score of 5, the company seems poised for expansion and development in its mining operations. This suggests that Shandong Gold Mining Co., Ltd. may have a strong potential for increasing its production and market presence over time.
Although some areas like Value, Dividend, Resilience, and Momentum scored lower at 2 each, the standout Growth score indicates a positive outlook for Shandong Gold Mining Co., Ltd.’s future prospects. Investors may find the company attractive for its growth potential in the gold, silver, and sulphur mining industry, despite some areas warranting further attention and improvement.
Summary: Shandong Gold Mining Co., Ltd. mines, produces, and processes gold, silver, and sulphur, positioned with a high Growth score indicating potential expansion and development in its operations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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