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又一只十倍大牛股!手握南太平洋金矿,矿业新星诞生

Core Viewpoint - The recent surge in gold prices has led to significant investor interest in WanGuo Gold Group, which has seen its stock price increase over 30% since being included in the Hong Kong Stock Connect, marking it as a tenfold growth stock within two years [2][3][6]. Group 1: Stock Performance - WanGuo Gold Group's stock price rose by 7.81% on its first day in the Hong Kong Stock Connect, with trading volume increasing from under 20 million to 72.23 million HKD, setting a new record [3]. - By March 19, the stock had increased by 10.22%, reaching a price of 17.26 HKD and a market capitalization of 18.71 billion HKD, with an overall increase of over 30% in just eight trading days [3][6]. - Since its listing in July 2023, the cumulative stock price increase has reached 1030%, establishing it as a significant winner for investors [3]. Group 2: Company Overview - WanGuo Gold Group is a mid-sized mining company focused on non-ferrous metal extraction, with key assets including the Yifeng Xinzhuang Mine in Jiangxi, the Gold Ridge Mine in the Solomon Islands, and the Walege Lead-Silver Mine in Tibet [4]. - The Gold Ridge Mine, acquired in 2020, is a focal point for the company, with production expected to ramp up significantly in the coming years [4][5]. Group 3: Production and Financial Performance - The Gold Ridge Mine is projected to produce 2.5 tons of gold in 2024 and 4 tons in 2025, with a long-term potential of 8-10 tons per year [5]. - In 2024, WanGuo Gold Group reported revenues of 1.876 billion RMB, a 42.6% increase year-on-year, with net profit attributable to shareholders rising by 71.6% to approximately 575 million RMB [7]. - Revenue from the Solomon Islands reached 1.188 billion RMB, marking an 80.4% increase and accounting for 63.33% of total revenue [7]. Group 4: Market Conditions - The price of gold has surged from around 2000 USD per ounce to nearly 2800 USD, with predictions for further increases, which benefits WanGuo Gold Group significantly [7][8]. - ANZ has raised its gold price forecasts to 3100 USD per ounce for the next three months and 3200 USD for six months, indicating a bullish outlook for the gold market [8].