Huaxi Securities Co.Ltd(002926) maintain Jchx Mining Management Co.Ltd(603979) buy rating: strong growth of overseas projects, mineral clothing bottoming resource option

Huaxi Securities Co.Ltd(002926) 04 released a research report on 20 April, saying that it maintained the buying rating of Jchx Mining Management Co.Ltd(603979) ( Jchx Mining Management Co.Ltd(603979) .sh, latest price: 22.42 yuan). The reasons for rating mainly include: 1) in line with expectations and strong overseas growth; 2) The development of mine resources will be accelerated in 2024 or the year of outbreak; 3) The “service + resource” two wheel drive accelerated and entered a high growth cycle. Risk tips: the epidemic affects the commencement of construction, the progress of resource development is lower than expected, the metal price falls, systemic risks, etc.

AI comments: Jchx Mining Management Co.Ltd(603979) in the past month, it has received three research reports from securities companies and bought three. The average target price is 31.28 yuan, which is 8.86 yuan higher than the latest price of 22.42 yuan, and the average target price increases by 39.52%.

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