麦格理：微升招金矿业目标价至26港元 评级“跑赢大市”

Core Viewpoint - Macquarie's report indicates that Zhaojin Mining (01818) benefits from strong gold prices, with core earnings reaching approximately 1.4 billion RMB [1] Group 1: Company Performance - The company is expected to achieve a production capacity increase of 2 to 3 tons in 2026 and 2027 [1] - Macquarie is optimistic about the company's low-cost advantage and potential for production growth [1] Group 2: Financial Projections - The target price for Zhaojin Mining has been raised from 25 HKD to 26 HKD [1] - Earnings per share estimates for 2025 and 2026 have been increased by 5%, 0.8%, and 0.8% respectively [1]