Zijin Mining stock gained 1.45 percent as profit jumped 74 percent

Published on 10/05/2026 at 20:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zijin Mining stock was last at HKD 32.16 on October 5, 2026, as first-half revenue rose 15.78 percent. Net profit increased 74 percent to RMB 49.8 billion.

Zijin Mining, CNE100000502, Illustration mit AI erstellt.

Zijin Mining (ISIN CNE100000502) was last at HKD 32.16 on the Hong Kong Stock Exchange on October 5, 2026, up 1.45 percent from the prior close. The immediate operating backdrop is powerful: the company reported first-half 2026 net profit of RMB 49.8 billion, an increase of 74 percent year over year.

Profit growth sets the tone

According to Futubull on September 25, 2026, first-half revenue reached RMB 194.18 billion, up 15.78 percent from the same period in 2025. Net profit attributable to shareholders rose 68 percent to RMB 39.2 billion, while recurring net profit increased 76 percent to RMB 38.0 billion.

The mix also shifted toward higher output in key metals. Mined gold production reached 47 tonnes, up 13 percent year over year, while lithium carbonate equivalent output rose 496 percent to 43,596 tonnes, according to the interim report summarized by Futubull. Copper production totaled 534,407 tonnes, down 5.7 percent, although output excluding Kamoa increased 4.8 percent.

Gold and lithium offset copper risk

The figures show why Zijin Mining is not simply a copper story. Gold and lithium supplied the strongest volume growth in the first half, while the report identified flooding and ramp-up difficulties at Kamoa-Kakula as a factor behind lower copper guidance of 290,000 to 330,000 tonnes for 2026.

That counterweight matters because metal prices and project execution can change the earnings mix quickly. The company also reported a gross profit margin of 37.75 percent and a mining-segment gross margin of 69.34 percent for the first half of 2026, giving investors two operating markers beyond headline net income.

Analysts see further upside

Investing.com reports a Strong Buy consensus from 14 analysts, with an average 12-month price target of HKD 51.37 and a highest target of HKD 60.50. The consensus is an analyst compilation, not a single house recommendation.

A separate October 5, 2026 report from Futubull said Goldman Sachs added Zijin Mining to its Asia-Pacific Conviction Buy list. The next hard checkpoint is October 23, 2026, when the board is scheduled to review the nine-month results, according to Moomoo.

Stock remains below its yearly high

Zijin Mining stock was last at HKD 32.16 on October 5, 2026 at 4:08 p.m. HKT, with a 52-week range of HKD 26.58 to HKD 46.98. Market capitalization stood at HKD 855.1 billion, while volume reached 23,214,863 shares.