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1 Comment
South Manganese Investment Limited is currently in a long term uptrend where the price is trading 22.2% above its 200 day moving average.
From a valuation standpoint, the stock is 78.5% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
South Manganese Investment Limited's total revenue sank by 15.7% to $2B since the same quarter in the previous year.
Its net income has dropped by 48.9% to $-430M since the same quarter in the previous year.
Finally, its free cash flow fell by 14.2% to $196M since the same quarter in the previous year.
Based on the above factors, South Manganese Investment Limited gets an overall score of 2/5.
Exchange | HK |
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CurrencyCode | HKD |
ISIN | BMG8291R1043 |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
PE Ratio | None |
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Target Price | 0.9 |
Beta | 0.81 |
Market Cap | 857M |
Dividend Yield | None |
South Manganese Investment Limited, an investment holding company, engages in manganese mining, ore processing, and downstream processing operations in Mainland China, Asia, Europe, and North America. It operates through four segments: Manganese Mining, EMM and Alloying Materials Production, Battery Materials Production, and Other Business. The Manganese Mining segment mines and produces manganese products, including manganese concentrate, and natural discharging manganese powder and sand. Its EMM and Alloying Materials segment mines and processes ores used in hydrometallurgical processing activities for the production of electrolytic manganese metal (EMM) and manganese briquette, and pyrometallurgical processing for the production of silicomanganese alloys and ferromanganese. The Battery Materials segment manufactures and sells battery materials products, including Electrolytic Manganese Dioxide (EMD), manganese sulfate, lithium manganese oxide, and lithium nickel cobalt manganese oxide. Its Other Business segment trades in various commodities, such as manganese ores, EMM, manganese alloys, and non-manganese metals, as well as sells scraps, rents investment properties and leasehold lands, and invests in companies engaged in the mining, production, and trading of non-manganese metals. 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 incorporated in 2005 and is headquartered in Admiralty, Hong Kong.
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