Morgan Stanley: Pan Gold Mining Company (01818.HK) net profit forecast target price 42 Hong Kong dollars.

Wisdom Financial News APP learned that Macquarie released a research report stating that Zijin Mining (01818.HK) continues to expand its portfolio of gold mines and achieve organic growth through exploration. Macquarie has raised Zijin Mining's net profit forecast for 2025 to 2027 by 10%, 74%, and 50%, to RMB 3.617 billion, RMB 4.991 billion, and RMB 4.293 billion respectively, to reflect expectations of higher gold prices and higher costs; target price of HK$42, maintain an "outperform" rating.