Huaan Securities Co.Ltd(600909) 04 released a research report on 27 April, saying that it maintained the buying rating of Jinduicheng Molybdenum Co.Ltd(601958) ( Jinduicheng Molybdenum Co.Ltd(601958) .sh, latest price: 7.01 yuan). The reasons for rating mainly include: 1) stable production and operation, and the rise of molybdenum price has significantly thickened the company’s performance; 2) Actively implement cash dividends and give back to shareholders; 3) The tight balance between global supply and demand supports the high operation of molybdenum price, and the company is expected to continue to benefit. Risk tip: the downstream demand is less than expected, the molybdenum price fluctuates violently, and the epidemic situation repeatedly affects mine production.
AI comments: Jinduicheng Molybdenum Co.Ltd(601958) in recent months, it has received the attention of one Research Report of securities companies and bought one.
