According to a newly released research report, ZIJIN GOLD INTL (02259) has been assigned an initial "Strong Buy" rating. The company was spun off from Zijin Mining (02899) to integrate overseas gold mining resources, facilitating valuation alignment with international peers and unlocking asset value through an internationalized capital platform, which is expected to enhance valuation and capital efficiency.

As of the end of June this year, ZIJIN GOLD INTL's consolidated gold metal resources totaled approximately 1,768.4 tonnes with an average grade of 1.5 grams per tonne. The consolidated proven and probable gold metal reserves reached 845.2 tonnes, establishing a foundation for medium to long-term growth prospects.

The analysis forecasts net profits of RMB 8.8 billion, RMB 12.9 billion, and RMB 13.3 billion for 2025, 2026, and 2027 respectively, with projected gross margins of 52.9%, 59.5%, and 59.5% for the corresponding years.