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1 Comment
Bay Area Gold Group Limited is currently in a long term downtrend where the price is trading 28.0% below its 200 day moving average.
From a valuation standpoint, the stock is 85.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.2.
Based on the above factors, Bay Area Gold Group Limited gets an overall score of 1/5.
Industry | Gold |
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Sector | Basic Materials |
CurrencyCode | HKD |
Exchange | HK |
ISIN | BMG089001058 |
Beta | -0.08 |
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PE Ratio | None |
Target Price | 2.09 |
Dividend Yield | 0.0% |
Market Cap | 104M |
Bay Area Gold Group Limited, an investment holding company, engages in the mining and processing of gold ores in the People's Republic of China. The company owns five operating gold mines, including Jinxing Mine and Luanling Mine in Henan Province; Mojiang Mine and Hengyi Mine in Yunnan Province; and Yongfeng Mine in Inner Mongolia. It also sells gold products; purchases and sells metals and minerals; and provides financing services, including asset management, securities brokerage, and advisory. The company was formerly known as Munsun Capital Group Limited and changed its name to Bay Area Gold Group Limited in October 2019. Bay Area Gold Group Limited was founded in 1999 and is based in Causeway Bay, Hong Kong.
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