Core Viewpoint - Luoyang Molybdenum's stock rose over 6% following the completion of its acquisition of 100% equity in Aurizona Gold Mine, RDM Gold Mine, and Bahia Complex from Equinox Gold Corp, expected to contribute 6-8 tons of gold annually by 2026 [1] Group 1: Acquisition Details - The acquisition of the gold mines was completed on January 23 [1] - The four gold mines are all operational and will enhance the company's gold production capacity [1] Group 2: Financial Projections - JPMorgan upgraded its earnings forecast for Luoyang Molybdenum by 27% to 30% for the next two years [1] - The company aims for a gold production target of 6 to 8 tons this year and 20 tons by 2030 [1] - The guidance for copper production is supported by process optimization and increased capacity from the KFM Phase II project [1] Group 3: Market Reaction - As of the report, Luoyang Molybdenum's stock was trading at 24.14 HKD with a trading volume of 1.3 billion HKD [1]
港股异动 | 洛阳钼业(03993)尾盘涨超6% 巴西金矿项目收购交割完成 今年黄金目标产量6至8吨