On October 16, Guolian Securities research reports stated that Zijin Mining Group (601899.SH)'s overseas wholly-owned subsidiary Jin Yuan International recently signed a "Equity Acquisition Agreement" with Newmont Golden Ridge, a wholly-owned subsidiary of Newmont, with Jin Yuan International planning to invest 1 billion US dollars to acquire 100% equity of Newmont Golden Ridge. The company is a global mining giant, and its world-class resource and production capacity configuration will help the company rapidly increase its production. Copper and gold production are expected to achieve high-level advancements. The current stock price corresponds to P/E ratios of 14.7/12.3/10.5 times, maintaining a "buy" rating.
研报掘金丨国联证券：紫金矿业收购优质金矿标的，维持“买入”评级
Research report dig|Guolian Securities: zijin mining group acquires high-quality gold mine symbol, maintaining a "buy" rating
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