Core Viewpoint - Jiajin International Resources (03858) has seen a stock price increase of over 4%, currently trading at 78.2 HKD with a transaction volume of 64.246 million HKD, amidst a generally declining market for precious and base metals [1] Group 1: Market Performance - The tungsten market is performing strongly despite a broader decline in global precious and base metals [1] - As of the latest update, the price of 65% black tungsten concentrate is 632,000 RMB per standard ton, reflecting a 37.4% increase since the beginning of the year [1] - The price of ammonium paratungstate (APT) is 940,000 RMB per ton, which is a 40.3% increase year-to-date [1] Group 2: Company Valuation - First Shanghai believes that the company's scarce tungsten mining resources are entering a phase of commercialization, indicating an imminent revaluation [1] - The company is at a critical point for value release and possesses world-class core assets, which lay the foundation for long-term growth [1]
佳鑫国际资源涨超4% 钨市逆势连创新高 机构看好公司估值重构