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研報掘金丨華安證券:維持洛陽鉬業“買入”評級,銅鈷延續量價齊增
格隆匯 07-18 14:46
華安證券研報指出,洛陽鉬業預計25H1實現歸母淨利潤82億至91億元,同比+51.37%至67.98%。其中單Q2實現歸母淨利潤42.54億至51.54億元,同比+27.2%至54.1%,環比+7.8%至30.6%。上半年銅鈷量價齊增,貢獻業績彈性;收購海外金礦,資源佈局全面升級。6月24日完成收購加拿大LuminaGold,獲得厄瓜多爾Cangrejos金礦100%股權。礦內保有資源量13.76億噸,金品位0.46g/t,黃金金屬量638噸;可採儲量6.59億噸,金品位0.55g/t,黃金金屬量359噸,服務年限26年。目前該礦仍在進行勘探,據初步研判,未來資源儲量還有一定提升空間。該項目計劃2028年投產,預計年產黃金11.5噸,黃金板塊後續將為公司貢獻利潤彈性,提升不同週期下的抗風險能力。維持“買入”評級。
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