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匯豐研究:上調招金(1818.HK)目標價至8.3港元 維持“持有”評級
格隆匯 09-26 11:48

匯豐研究發表報告指,全球經濟放緩,黃金成避險天堂,金價今年已大幅上漲,特別是自7月份開始。國際金價年初至今已升17.8%,中國現貨金價則升近20%,故同時亦推動招金(01818.HK)股價上漲。

不過該行指,招金今年上半年業績疲弱,淨利潤按年跌近21%至2.39億元人民幣,基本盈利仍然頗令人失望。雖然金價強勁,但營運問題及較高的成本均是導致業績差的主要原因。相信海域金礦將成長期增長動力,但至少兩年後才開始見盈利貢獻。

該行將招金今年每股基本盈利預測降低15%至0.25元人民幣,因高於預期的成本及低於預期的產量,但將2020年預測調高4%至0.34元人民幣,並將目標價由7港元上調至8.3港元,維持“持有”評級。

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