证券之星消息，1月20日贵金属板块较上一交易日上涨3.47%，湖南白银领涨。当日上证指数报收于 4113.65，下跌0.01%。深证成指报收于14155.63，下跌0.97%。贵金属板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002716 湖南白银 | | 3.28 Z | 6.04% | -1.22 乙 | -2.25% | -2.06 Z | -3.79% | | 600988 | 赤峰黄金 | 2.65 Z | 6.38% | -5742.75万 | -1.38% | -2.08亿 | -5.00% | | 600489 | 中全黄金 | 1.10/Z | 3.93% | 6112.47万 | 2.17% | -1.72亿 | -6.10% | | 601069 | 西部黄金 | 1.10亿 | 7.73% | -197.37万 | -0.14% | -1.08亿 | -7.59% ...

山金国际（000975）个股概况： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 证券之星数据中心计算显示，对该股盈利预测较准的分析师团队为中邮证券的杨丰源。 今日山金国际（000975）涨8.16%，收盘报32.75元。 2025年10月24日，民生证券研究员邱祖学,王作燊发布了对山金国际的研报《2025年三季报点评：金成 本把控优良，产量下滑影响利润》，该研报对山金国际给出"买入"评级。研报中预计2025-2027年公司 归母净利润为36.62/44.52/58.52亿元，对应10月23日收盘价PE分别为17/14/11X，维持"推荐"评级。证券 之星数据中心根据近三年发布的研报数据计算，该研报作者对此股的盈利预测准确度为65.7%。 ...

华富永鑫灵活配置混合A（001466）成立日期2015年6月15日，最新规模2528.28万。今年以来收益 18.06%，同类排名178/8848；近一年收益108.46%，同类排名110/8093；成立以来收益114.57%。 华富永鑫灵活配置混合A（001466）基金经理为李孝华。 截至发稿，李孝华累计任职时间4年260天，现任基金资产总规模110.84亿元，任职期间最佳基金回报 118.61%， 任职期间最差基金回报-16.63%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 1月20日，山金国际涨5.55%，截至发稿，报31.96元/股，成交9.68亿元，换手率1.27%，总市值887.44亿 元。 资料显示，山金国际黄金股份有限公司位于北京市朝阳区金和东路20号院正大中心北塔30层,香港铜锣 湾希慎道33号利园1期19楼1919室，成立日期1999年6月18日，上市日期2000年6月8日，公司主营业务涉 及贵金属和有色金属矿采选及金属贸易,矿产资源主要为金矿 ...

证券之星消息，1月19日贵金属板块较上一交易日上涨4.18%，四川黄金领涨。当日上证指数报收于 4114.0，上涨0.29%。深证成指报收于14294.05，上涨0.09%。贵金属板块个股涨跌见下表： | 代码 | 名称 | | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 600489 | 中金黄金 | | 3.42 Z | 14.61% | -9769.86万 | -4.17% | -2.45 Z | -10.44% | | 600547 | 山东黄金 | | 3.01亿 | 14.26% | -3790.13万 | -1.80% | -2.63 Z | -12.46% | | 001337 四川黄金 | | | 2.36 Z | 16.76% | -5057.81万 | -3.60% | -1.85 Z | -13.16% | | 600988 | 赤峰黄金 | | 1.89 Z | 8.25% | -5769.90万 ...

| 财务摘要 | 山金国际2025年三季报显示，前三季度公司主营收入149.96亿元，同比上升2 | | --- | --- | | | 4.23%; 归母净利润24.6亿元，同比上升42.39%; 扣非净利润24.46亿元,同 | | | 比上升36.96%;其中2025年第三季度,公司单季度主营收入57.5亿元,同比 | | | 上升3.3%;单季度归母净利润8.64亿元,同比上升32.43%;单季度扣非净利 | | | 润8.47亿元，同比上升28.56%；负债率19.16%，投资收益1058.37万元，财务 | | | 费用3025.22万元,毛利率28.39%。 | | 机构评级 | 该股最近90天内共有9家机构给出评级，买入评级7家，增持评级2家；过去9 | | | 0天内机构目标均价为26.75。 | | 融资融券 | 近3个月融资净流入2404.95万,融资余额增加;融券净流入219.69万,融券 | | | 余额增加。 | 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星数据中心计算显示，对该股盈利预测较准的 ...

A股市场黄金股强势，其中，四川黄金、招金黄金涨停，山金国际涨超6%，中金黄金、西部黄金涨超 4%。 消息面上，特朗普对欧洲的关税威胁引发避险需求，黄金和白银价格双双触及历史新高。其中，现货黄 金今日盘中一度涨至4690美元/盎司，再创历史新高；现货白银一度涨至94.15美元/盎司，亦创历史新 高。 分析人士指出，在美联储1月可能暂停降息的背景下，地缘政治成为短期焦点，美委冲突、格陵兰岛局 势及伊朗局势再次引起全球投资者对地缘政治频繁冲突的不安，特别是伊朗局势明朗前，黄金短期热度 难以下降。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 001337 | 四川黄金 | 中 | 9.99 | 158亿 | 35.14 | | 002187 | 广百股份 | 2 | 9.95 | 63.50亿 | 19.68 | | 000506 | 招金黄金 | 1 | 9.50 | 148亿 | 21.75 | | 000975 | 山金国际 | है | 6.17 | 826亿 | 22.32 | | 600089 ...

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the non-ferrous metal mining and selection industry in China, with a total of 1,390 enterprises reported for the period from January to November 2025, marking an increase of 38 enterprises or a year-on-year growth of 2.81% [1] - The proportion of non-ferrous metal mining enterprises in the total industrial enterprises stands at 0.26% [1] - The report referenced is the "2026-2032 China Non-Ferrous Metal Industry Market Development Status and Competitive Landscape Forecast Report" published by Zhiyan Consulting [1] Group 2 - The data source for the statistics on the number of non-ferrous metal mining enterprises is the National Bureau of Statistics, organized by Zhiyan Consulting [2] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in deep industry research and providing comprehensive industry solutions to empower investment decisions [2]

Investment Rating - The report maintains a positive outlook on the non-ferrous metals industry [6] Core Viewpoints - The report indicates that negative feedback is intensifying, leading to potential price fluctuations. As industrial product prices rise, domestic downstream negative feedback is increasing, resulting in accelerated inventory accumulation. Recent margin increases by CME and SHFE for certain products may lead to significant short-term price volatility in industrial metals. However, the overall bullish trend for industrial products remains unchanged under the expectation of supportive policies [3][9] Summary by Sections 1. Cycle Assessment - Liquidity expectations are reverting, which does not hinder the long-term bullish logic. Recent statements from Trump favoring Hassett for the National Economic Council position have increased market expectations for the new Fed chair. The probability of a Fed rate cut in April has dropped to 30%. This has led to potential price fluctuations in precious metals due to a weakened narrative around short-term rate cuts [9][13] 2. Industry and Stock Performance - The non-ferrous metals sector rose by 3.03% in the week ending January 16, ranking third among all industries [18] 3. Precious Metals - Short-term narratives around rate cuts are faltering, leading to potential price volatility in precious metals. As of January 16, SHFE gold rose by 2.57% to 1,032.32 CNY per gram, while COMEX gold increased by 2.62% to 4,590.00 USD per ounce. The report notes that the People's Bank of China increased its gold reserves to 7,415 million ounces, marking a continuous increase for 14 months [14][29] 4. Copper - The report highlights that negative feedback is intensifying, leading to increased price volatility for copper. As of January 16, SHFE copper fell by 0.63% to 100,770 CNY per ton, while LME copper decreased by 1.50% to 12,803 USD per ton. The report also notes a significant increase in global visible copper inventory [17][28] 5. Aluminum - The aluminum processing sector shows resilience, with profitability per ton of aluminum expected to remain high. As of January 16, SHFE aluminum fell by 1.66% to 23,925 CNY per ton. The report indicates that the average profit for the aluminum industry is around 7,868 CNY per ton [16][89]

Investment Rating - The report maintains a positive outlook on the non-ferrous metals industry [6] Core Viewpoints - The report indicates that negative feedback is intensifying, leading to potential price fluctuations. As industrial product prices rise, domestic downstream negative feedback is increasing, resulting in accelerated inventory accumulation. Recent margin increases by CME and SHFE for certain products may lead to significant short-term price volatility in industrial metals. However, the overall bullish trend for industrial products remains unchanged under the support of domestic and international policies [3][9] Summary by Sections 1. Cycle Assessment - Liquidity expectations are rebounding, which does not hinder the long-term bullish logic. Recent statements from Trump favoring Hassett for the National Economic Council chair have increased market expectations for the next Federal Reserve chair. The probability of a rate cut in April has dropped to 30%. This may lead to price fluctuations in precious metals due to the weakened short-term rate cut narrative. In the industrial sector, as prices rise, negative feedback from domestic downstream is intensifying, and inventory is accumulating rapidly [9][13] 2. Industry and Stock Performance - The non-ferrous metals sector rose by 3.03% in the week ending January 16, ranking third among all industries [18] 3. Precious Metals - Short-term rate cut narratives are challenged, leading to potential price fluctuations in precious metals. For the week ending January 16, SHFE gold rose by 2.57% to 1,032.32 CNY per gram, while COMEX gold increased by 2.62% to 4,590.00 USD per ounce. SHFE silver surged by 20.03% to 22,483.00 CNY per kilogram, and COMEX silver rose by 12.30% to 89.19 USD per ounce [14][15][29] 4. Copper - Negative feedback is intensifying, leading to increased price volatility for copper. For the week ending January 16, SHFE copper fell by 0.63% to 100,770 CNY per ton, while LME copper decreased by 1.50% to 12,803 USD per ton. The supply side remains tight, and the transmission to the smelting end is approaching [17][28] 5. Aluminum - The processing operation remains resilient, and the profit per ton of aluminum is expected to stay high. For the week ending January 16, SHFE aluminum fell by 1.66% to 23,925 CNY per ton, while LME aluminum decreased by 0.06% to 3,134 USD per ton. The processing operation rate slightly increased to 60.2%, with overall inventory accumulating [16][89]

Investment Rating - The report maintains a "Buy" rating for several companies in the non-ferrous metals sector, including 山金国际, 赤峰黄金, 洛阳钼业, 中国宏桥, and 中钨高新 [10]. Core Insights - The non-ferrous metals sector is experiencing a general upward trend, with significant price increases across various metals, driven by macroeconomic factors and supply chain dynamics [11][19]. - The report highlights the impact of U.S. tariffs and trade policies on the supply and demand dynamics of key metals, particularly copper and aluminum [2][3]. - The report emphasizes the importance of monitoring inventory levels and production capacities, as these factors are critical in determining future price movements [26][35]. Summary by Sections Precious Metals - Concerns over tariffs have led to a temporary pullback in silver prices, but the long-term outlook remains positive [1]. - The report suggests monitoring companies such as 兴业银锡 and 盛达资源 for potential investment opportunities [1]. Industrial Metals - Copper inventories are rising, particularly in the U.S., raising concerns about supply tightness in non-U.S. regions [2]. - The report notes that while high copper prices are suppressing end-user demand, the long-term consumption outlook remains strong due to infrastructure investments [2]. Aluminum - The aluminum market is expected to experience price fluctuations due to geopolitical tensions and macroeconomic policies [3]. - The report indicates that production cuts in aluminum processing are occurring, particularly in regions like Guizhou and Henan [3]. Nickel - Nickel prices are on an upward trend, supported by supply tightening expectations from Indonesia [4]. - The report highlights the importance of monitoring companies like 华友钴业 and 力勤资源 for investment opportunities [4]. Tin - Supply chain bottlenecks and macroeconomic factors are providing short-term support for tin prices [5]. - The report suggests that companies like 华锡有色 and 兴业银锡 may benefit from these market conditions [5]. Lithium - Lithium prices are experiencing wide fluctuations due to export policy expectations and demand uncertainties [6]. - The report recommends关注 companies such as 赣锋锂业 and 天齐锂业 for potential investment [6]. Cobalt - Progress in cobalt shipments from the Democratic Republic of Congo is expected to support high cobalt prices in the short term [9]. - The report suggests monitoring companies like 华友钴业 and 腾远钴业 for investment opportunities [9].