Zhi Tong Cai Jing·2026-01-28 07:33Core Viewpoint - Luoyang Molybdenum (603993) (03993) experienced a significant stock price increase, rising over 6% and currently trading at 24.14 HKD with a transaction volume of 1.3 billion HKD following the completion of its acquisition of 100% equity in Aurizona Gold Mine, RDM Gold Mine, and Bahia Integrated Mining Area from Equinox Gold Corp [1] Group 1: Acquisition Details - The acquisition of the four gold mines was completed on January 23, and these mines are all currently producing gold [1] - The company expects to generate an annual gold production of 6 to 8 tons from these mines by 2026 [1] Group 2: Market Analysis and Forecast - JPMorgan released a report indicating a positive outlook on the company's strategy and operations following a conference call [1] - The management aims for a gold production target of 6 to 8 tons this year and plans to reach 20 tons by 2030 [1] - The bank has raised its profit forecasts for Luoyang Molybdenum for the next two years by 27% to 30% and has adjusted the target prices for both A-shares and H-shares [1]