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研報掘金丨海通國際:維持藏格礦業“優於大市”評級,目標價爲39.16元
格隆匯 04-11 17:10

海通國際研報指出,藏格礦業(000408.SZ)24年歸母淨利潤25.80億元,同比下降24.56%,公司業績下降主要由於氯化鉀、碳酸鋰價格下跌。2024Q4,歸母淨利潤7.12億元,環比增長24.71%,同比增長57.76%。回購+分紅相結合,多舉措回報投資者。當前,巨龍銅礦正保質保量提速二期改擴建工程,預計2025 年底建成投產,屆時歸屬公司權益的礦產銅產量將達9.2-10.8 萬噸/年,三期投產後公司權益銅產能將升至18 萬噸/年。由於公司參股銅礦業務具有成長性,給予公司一定估值溢價,目標價爲39.16元(+18%),維持“優於大市”評級。

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