大行评级丨中银国际：上调五矿资源目标价至8.63港元 重申“买入”评级

Core Viewpoint - China International Capital Corporation reports that Minmetals Resources is expected to see copper and zinc production increase by 11% and 26% respectively in Q3 2025 compared to the same period last year, driven by strong performance from the Las Bambas, Kinsevere, and Dugald River mines [1] Group 1 - The company has raised its annual copper production guidance for the Las Bambas mine to 400,000 tons due to stable operations this year [1] - The production level is expected to be maintained over the next two years [1] - The earnings forecast for Minmetals Resources for 2026 to 2027 has been increased by 7%, with the target price raised from HKD 8.41 to HKD 8.63, maintaining a "buy" rating [1]