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Western Mining Co.,Ltd.'s (SHSE:601168) Low P/E No Reason For Excitement
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Minsheng Securities: With the imminent production cuts at smelters in the second quarter, Copper prices are expected to rise.
Due to the continued tightening of copper concentrate supply and smelters having consumed a significant amount of inventory, the tension at the mining end will soon be transmitted to the refined copper end. Additionally, with the increasing information about smelter maintenance starting in March, the possibility of production cuts at smelters is gradually rising.
Western Mining (601168.SH): Qinghai Precious Metals Co., Ltd. is currently operating at full production capacity.
On March 11, Gelonghui reported that Western Mining (601168.SH) stated on the investor interaction platform that Qinghai Precious Metals Co., Ltd. is currently operating at full production capacity.
Western Mining Co.,Ltd.'s (SHSE:601168) Prospects Need A Boost To Lift Shares
