山金国际：黄金价格上涨带动利润提升，内外联动增强资源接续能力-20250524

研究报告 Research Report 23 May 2025 山金国际 Shanjin International Gold (000975 CH) 黄金价格上涨带动利润提升，内外联动增强资源接续能力 The rise in gold prices leads to an increase in profits, internal and external linkages enhance the ability to connect resources [Table_yemei1] 观点聚焦 Investment Focus [Table_Info] 维持优于大市 Maintain OUTPERFORM 评级 优于大市 OUTPERFORM 现价 Rmb20.54 目标价 Rmb24.40 HTI ESG 2.0-2.0-4.0 E-S-G: 0-5, (Please refer to the Appendix for ESG comments) 市值 Rmb50.24bn / US$6.97bn 日交易额 (3 个月均值) US$90.16mn 发行股票数目 2,446mn 自由流通股 (%) 34% ...