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1 Comment
MMG Limited is currently in a long term downtrend where the price is trading 6.1% below its 200 day moving average.
From a valuation standpoint, the stock is 7.5% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 1.5.
MMG Limited's total revenue rose by 12.0% to $2B since the same quarter in the previous year.
Its net income has increased by 162.4% to $93M since the same quarter in the previous year.
Finally, its free cash flow grew by 848.7% to $366M since the same quarter in the previous year.
Based on the above factors, MMG Limited gets an overall score of 3/5.
Industry | Copper |
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CurrencyCode | HKD |
Exchange | HK |
Sector | Basic Materials |
ISIN | HK1208013172 |
Dividend Yield | 0.0% |
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Target Price | 2.51 |
PE Ratio | 9.81 |
Beta | 2.49 |
Market Cap | 27B |
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo. It also holds a 100% interest in the Dugald River underground zinc mine located near Cloncurry in North West Queensland; and the Rosebery underground polymetallic base metal mine located on Tasmania's west coast. The company was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. MMG Limited was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited is a subsidiary of China Minmetals Corporation.
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