Zijin Mining stock fell 1.67 percent on October 2, 2026

Published on 10/04/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zijin Mining stock carries a Buy consensus from 15 analysts, with an average CNY 47.99 target. First-half profit rose 74 percent to RMB 49.8 billion.

Zijin Mining, CNE100000502, Illustration mit AI erstellt.

Zijin Mining stock fell 1.67 percent to HKD 31.70 on October 2, 2026, on its Hong Kong listing, while the company enters the final quarter after a sharp first-half earnings increase. The result gives the stock a clear fundamental anchor, but production and metal-price risks remain important.

Profit growth sets the tone

According to Futubull on September 25, 2026, Zijin Mining reported first-half revenue of RMB 194.18 billion, up 15.78 percent year over year. Net profit reached RMB 49.8 billion, an increase of 74 percent, while profit attributable to owners rose 68 percent to RMB 39.2 billion.

The comparison is especially relevant because operating cash flow climbed 92 percent to RMB 55.5 billion in the first half of 2026. The company also reported a gross margin of 37.75 percent and a mining-segment gross margin of 69.34 percent, giving the earnings growth a direct operating foundation.

Gold and lithium add momentum

Zijin Mining said on September 28, 2026, that mined gold production rose 13 percent year over year to 47 tonnes. Lithium carbonate equivalent output increased 496 percent to 44,000 tonnes, while mined copper reached 534,000 tonnes, up 4.8 percent excluding attributable Kamoa Copper output.

The counter-factor is copper execution. The 2026 Kamoa-Kakula production guidance was lowered to 290,000-330,000 tonnes after flooding and ramp-up challenges, according to the interim report published by Futubull.

Analyst target stays above price

MarketScreener lists a Buy consensus from 15 analysts, with an average target of CNY 47.99 and a last close of CNY 31.41. The consensus target is 52.78 percent above that reference price, although it applies to the Shanghai-listed A shares rather than the Hong Kong quote.

Simply Wall St lists October 23, 2026, as the scheduled date for Zijin Mining's third-quarter results. That report will test whether the first-half combination of higher gold output, rapidly expanding lithium production and strong cash generation is continuing.

Hong Kong stock stays below target

Zijin Mining stock was last at HKD 31.70 on the Hong Kong Stock Exchange on October 2, 2026, down 1.67 percent for the session. The dated price and the earnings comparison point to a market weighing powerful reported growth against execution risks in copper.