Shandong Gold stock falls as gold stocks extend declines

Shandong Gold stock fell 2.54 percent to CNY 36.89 on September 2, 2026, while bullion weakness hit Asian miners. The Shanghai-listed group also shows CNY 101.11 billion in trailing revenue and CNY 4.72 billion in net income.

Shandong Gold stock (ISIN CNE000000W78) fell to CNY 36.89 on September 2, 2026, down 2.54 percent from the previous close of CNY 37.85. In the same session, the Shanghai-listed miner was pulled into a broader gold-stock selloff as gold equities came under pressure.

Gold miners come under pressure

According to a Reuters report via Investing.com, Shandong Gold fell 2.75 percent in Hong Kong as bullion weakened and investors reduced precious-metals exposure. The same report said spot gold slipped to a more than three-week low and stayed below its 200-day moving average.

That matters because the move was not isolated. The article said several Hong Kong-listed peers also lost more than 5 percent, which shows how quickly the group trade can overpower company-specific factors.

Revenue and profit base

MarketWatch lists trailing revenue of CNY 101.11 billion and net income attributable to common shareholders of CNY 4.72 billion for Shandong Gold. It also shows trailing diluted EPS of CNY 1.09 and a profit margin of 5.41 percent, giving investors a current earnings base to measure the share price against.

The same profile puts the stock at 3.73 percent YTD return and 4.18 percent over one year, while the 52-week range runs from CNY 22.55 to CNY 65.55. A stock that has already moved from CNY 22.55 to CNY 65.55 this year can still swing sharply when gold weakens.

Gold mining remains the driver

Shandong Gold Mining Co., Ltd. mines, smelts and processes precious metals in China and also reports gold-related activity across silver, copper, iron, lead and zinc. That mix makes the stock highly sensitive to gold price swings, especially when the sector trades as one group.

Stock and valuation snapshot

As of September 2, 2026, Shandong Gold stock closed at CNY 36.89 in Shanghai after a 2.54 percent drop. MarketWatch also lists a 1-year target estimate of CNY 41.48, but the immediate signal for investors is the combination of a 52-week range from CNY 22.55 to CNY 65.55 and a trailing profit margin of 5.41 percent.

Shandong Gold stock facts

• Company: Shandong Gold Mining Co., Ltd.
• ISIN: CNE000000W78
• Ticker: 600547.SS
• Trading venue: Shanghai Stock Exchange
• Price (as of September 2, 2026): CNY 36.89
• Market capitalization: CNY 155.31 billion (as of September 2, 2026)
• Sector / Industry: Basic Materials / Gold
• Index membership: SSE Composite Index
• Next earnings date: September 2, 2026