Zijin Mining (2899) Stock Price, Fundamentals & Analysis

What 2899 does

Zijin Mining (2899) is a stock listed on the Hong Kong Stock Exchange in the Basic Materials sector, Gold industry. The company explores and extracts metals such as copper, gold, zinc, lead, silver, lithium, iron, tungsten, and molybdenum, and also produces smelted copper, smelted and processed gold and silver, smelted zinc ingots, sulfuric acid, and battery-grade lithium carbonate. It is involved in mining, smelting, mineral resource exploration, jewelry and mineral product sales, and environmental protection services. Zijin Mining holds 100% interest in the Shapinggou Molybdenum mine in Jinzhai County, Anhui Province.

Key numbers explained

• 32.5 HKD is the current price of Zijin Mining (2899).
• The trailing P/E ratio of 11.2 shows the price investors pay per unit of recent earnings; a lower number can suggest the stock is cheaper relative to earnings.
• The forward P/E ratio of 8.5 uses expected future earnings and is often read as a gauge of how the market values growth.
• 2.9 CNY is the earnings per share over the trailing 12 months, representing the portion of profit attributable to each share.
• The dividend yield of 2.83% indicates the annual dividend as a percentage of the current price.
• 41% is the share of earnings paid out as dividends, showing how much profit is returned to shareholders.
• 1 is the beta, meaning the stock’s price tends to move in line with the overall market.
• 36.6% is the return on equity, measuring how effectively the company generates profit from shareholders’ capital.

What to watch

• Zijin Mining (2899) operates in the Gold industry and is sensitive to gold price cycles and global commodity demand.
• As a major metals producer, its results can be influenced by geopolitical events, mining regulations, and currency movements.
• The company is part of the Hang Seng index, so broader Hong Kong market trends may affect its price.
• Investors often compare it with peers such as China Hongqiao Group (1378) and Bellevue Gold (BGL) to understand relative valuation and risk.
• The next earnings report is scheduled for Oct 16, 2026, which may prompt short-term price movement.