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1 Comment
South Manganese Investment Limited is currently in a long term uptrend where the price is trading 30.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
Based on the above factors, South Manganese Investment Limited gets an overall score of 2/5.
Industry | Other Industrial Metals & Mining |
---|---|
ISIN | None |
Sector | Basic Materials |
Exchange | F |
CurrencyCode | EUR |
PE Ratio | 8.92 |
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Market Cap | 218M |
Target Price | None |
Dividend Yield | 0.0% |
Beta | 1.42 |
South Manganese Investment Limited, an investment holding company, engages in manganese mining, ore processing, and downstream processing operations in Mainland China, rest of Asia, Europe, and North America. It operates through four segments: Manganese Mining and Ore Processing, EMM and Alloying Materials, Battery Materials, and Other Business. The Manganese Mining and Ore Processing segment mines and produces manganese products, including manganese concentrate, and natural discharging manganese powder and sand. It has interests in the Daxin mine located to the west of Daxin County in Guangxi; the Tiandeng mine located to the north of Tiandeng County in Guangxi; the Waifu manganese mine located in Jingxi, Guangxi; the Changgou manganese mine located in Guizhou; and the Bembélé manganese mine located to the north of Ndjole town in the Moyen-Ogooue Province of Gabon. The EMM and Alloying Materials segment mines and processes ores used in hydrometallurgical and pyrometallurgical processing activities for the production of electrolytic manganese metal (EMM), manganese briquette, and silicomanganese alloys. The Battery Materials segment manufactures and sells of battery materials products, including Electrolytic Manganese Dioxide (EMD), manganese sulfate, lithium manganese oxide, lithium nickel cobalt manganese oxide, and lithium cobalt oxide. The Other Business segment trades in various commodities, such as manganese ores, EMM, manganese alloys, non-manganese metals, and related raw materials, as well as sells scraps, and rents investment properties and leasehold lands. It also manufactures and sells equipment, develops properties, and produces sulphuric acid and steam. The company was formerly known as CITIC Dameng Holdings Limited and changed its name to South Manganese Investment Limited in February 2021. South Manganese Investment Limited was founded in 2005 and is headquartered in Admiralty, Hong Kong.
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