000603 Shengda Resources
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Shengda Resources News
We Think Shengda ResourcesLtd (SZSE:000603) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Tianfeng Securities Nonferrous Metals 23 & 24Q1 Summary: Resource side, gold & copper lead the way, and signs of improvement on the material side show
Looking at the overall situation of the non-ferrous metals sector in 23-24Q1, profits on the resource side were divided, the performance of the gold & copper sector increased sharply year-on-year, and signs of improvement on the material side were evident.
US CPI rekindles expectations of interest rate cuts! The gold sector is strongly on the rise. Institutions: optimistic about medium- to long-term allocation values
Rebirth of the dawn
Shengda Resources (000603.SZ): As of May 10, 2024, the number of shareholders of the company was 29,507
Gelonghui, May 13 | Shengda Resources (000603.SZ) said on the investor interactive platform that according to data provided by China Securities Registration and Settlement Co., Ltd., as of May 10, 2024, the number of shareholders of the company was 29,507.
Shengda Resources (000603.SZ): A total of 0.74% of shares have been repurchased
Gelonghui, May 6 | Shengda Resources (000603.SZ) announced that as of April 30, 2024, the company had repurchased 5,082,300 shares through a dedicated securities account, accounting for 0.74% of the company's total share capital. The highest transaction price was 12.90 yuan/share, the minimum transaction price was 7.24 yuan/share, and the total transaction amount was 46,382,157.34 yuan (not including transaction fees).
Shengda Resources (000603.SZ): Net loss of 8.7783 million yuan in the first quarter
Gelonghui, April 29 | Shengda Resources (000603.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 263 million yuan, down 6.27% year on year; net profit attributable to shareholders of listed companies - 8.7783 million yuan, year-on-year profit and loss; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 7.1008 million yuan; basic earnings per share - 0.0128 yuan.
Tianfeng Securities: The price of gold and silver, which reached an all-time high of about 90, may be significantly undervalued
The Zhitong Finance App learned that Tianfeng Securities released a research report saying that the current gold-to-silver ratio has reached a historical high of around 90, and the price of silver may be significantly underestimated. Historically, there have only been a few cases where the ratio of gold to silver exceeds 90, usually related to a specific geopolitical situation or economic environment. For example, geopolitical tension between 1991 and 1992 and the wave of interest rate cuts in September last year all affected the gold to silver ratio. From a historical perspective, the average gold to silver ratio is between 40:1-50:1. With the gradual recovery of economic activity and changes in market sentiment, the gold to silver ratio is expected to be adjusted, which indicates the potential for future silver prices
Tianfeng Securities: The price of silver may be seriously undervalued, and the gold to silver ratio is expected to repair the market
According to Tianfeng Securities, the current gold-silver ratio has reached an all-time high of around 90, and the price of silver may be seriously undervalued.
China Nonferrous Metal to Sell 2.3% Stake in Shengda Resources
China Nonferrous Metal Industry's Foreign Engineering & Construction (SHE:000758) plans to offload its 2.3% equity interest in Shengda Resources (SHE:000603), according to a Thursday filing with the S
Shengda Resources Co.,Ltd.'s (SZSE:000603) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Shengda ResourcesLtd's (SZSE:000603) stock is up by a considerable 50% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-t
China Color Co., Ltd. (000758.SZ) plans to sell all 2.31% of its shares in Shengda Resources
China Color Co., Ltd. (000758.SZ) issued an announcement. The company currently holds Shengda Metal Resources Co., Ltd. (“...
A-share afternoon review: The Shanghai index rose 0.44%, and the lithography, oil and gas, and non-ferrous metals sectors had the highest gains
Major A-share indices had mixed ups and downs. As of the midday close, the Shanghai Index rose 0.44% to 3061.36 points, the Shenzhen Stock Exchange Index rose 0.06%, and the GEM index fell 0.37%.
Further Upside For Shengda Resources Co.,Ltd. (SZSE:000603) Shares Could Introduce Price Risks After 35% Bounce
Shengda Resources Co.,Ltd. (SZSE:000603) shareholders would be excited to see that the share price has had a great month, posting a 35% gain and recovering from prior weakness. Not all shareholders
Shengda Resources (000603.SZ): Subsidiary Honglin Mining Caiyuanzi Copper and Gold Mine Construction Project Receives Approval for Temporary Land Use
Gelonghui, March 21丨Shengda Resources (000603.SZ) announced that the holding subsidiary of the company, Sichuan Honglin Mining Co., Ltd. (“Honglin Mining”) recently received the “Muli County Natural Resources Bureau's Approval on Temporary Land Use for the Caiyuanzi Copper and Gold Mine Construction Project” (Timber Natural Resources (2024) No. 77) issued by the Muli County Natural Resources Bureau Bureau. It was agreed that the temporary use of Honglin Mining involves the Bahai Group in Jiadian Village, Ninglang Township, to temporarily use 23.794 hectares of collective land, of which: 20.3639 hectares (of which :Woodland 19.1503
Shengda ResourcesLtd (SZSE:000603) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Year, but the Stock Swells 12% This Past Week
Shengda Resources Co.,Ltd. (SZSE:000603) shareholders should be happy to see the share price up 28% in the last month. But that is minimal compensation for the share price under-performance over th
Shengda Resources (000603.SZ): As of March 8, 2024, the number of shareholders of the company was 32,177
Gelonghui March 12 | Shengda Resources (000603.SZ) said on the investor interactive platform that according to data provided by China Securities Registration and Settlement Co., Ltd., as of March 8, 2024, the number of shareholders of the company was 32,177.
Shengda Resources (000603.SZ): Plans to complete at least one merger and acquisition project this year
Gelonghui, March 6 | Shengda Resources (000603.SZ) said during an investigation by specific targets that the company adheres to the principle of “expanding and strengthening precious metals”, and while strengthening the refined production and management of existing mines, prospecting and increasing reserves, actively promotes mergers and acquisitions of high-quality precious metal native mineral resource projects such as silver and gold, to acquire and hold mines in production and achieve investment expectations. It plans to complete at least one merger and acquisition project this year.
Shengda Resources (000603.SZ): Currently, the company's mining products are still mainly silver, and all of the company's mines are steadily carrying out prospecting and storage expansion work
Gelonghui, March 6 | Shengda Resources (000603.SZ) said during an investigation by specific targets that the company's mining products are still mainly silver, that all of the company's mines are steadily carrying out prospecting and storage expansion work, and there will be a significant increase in each mine in 2025. Yindu Mining recently completed the filing of mineral resource reserves for the Bayern Daba (North Mining Area) silver polymetallic mine (exploration area: 1.43 square kilometers). The amount of resources identified in the symbiotic lead-zinc-silver deposit (detection+control+inference) is 212 tons of silver metal, with an average grade of 119.50 g/ton; associated components identified resource volume (detection+control)
Shengda Resources (000603.SZ): 0.60% of shares have been repurchased cumulatively
Gelonghui March 1 | Shengda Resources (000603.SZ) announced that as of February 29, 2024, the company had repurchased a total of 4,108,000 shares through a dedicated securities account, accounting for 0.60% of the company's total share capital. The highest transaction price was 9.50 yuan/share, the minimum transaction price was 7.24 yuan/share, and the total transaction amount was 339.23,200 yuan (excluding transaction fees).
Shengda Resources (000603.SZ): Subsidiary Yindu Mining obtained a high-tech enterprise certificate
Gelonghui, Feb. 29丨Shengda Resources (000603.SZ) announced that recently, Inner Mongolia Yindu Mining Co., Ltd. (“Yindu Mining”), a holding subsidiary of Shengda Metal Resources Co., Ltd., received the “High-tech Enterprise Certificate” jointly issued by the Inner Mongolia Autonomous Region Science and Technology Department, the Inner Mongolia Autonomous Region Finance Department, and the Inner Mongolia Autonomous Region Taxation Bureau of the State Administration of Taxation. Certificate number: GR202315000516, date of issue: November 9, 2023, valid for three years.
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