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研報掘金丨東吳證券:首予洛陽鉬業“買入”評級,銅資源龍頭盡享彈性空間
東吳證券研報指出 ,基於洛陽鉬業(603993.SH)2024年TFM及KFM銅礦增量顯著、權益金問題解決未來產量釋放可期,首次覆蓋,給予“買入”評級。公司股價與銅存在較強正相關性,預計伴隨銅供需基本面向好以及2024年美國降息預期,銅價有望表現較好從而帶動公司股價上升,產量角度,公司2024年TFM與KFM銅資源潛力巨大,由於儲量豐富且品位較高,公司預計2024年銅產量52-57萬噸(yoy+24%-36%),帶來較大增量。同時公司成本管控行動力超前,提前完成3年5億美元的降本目標。
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