Zijin Mining stock holds at HKD 34.02 as analysts stay positive

Zijin Mining stock (CNE100000502) closed at HKD 34.02 in Hong Kong on September 22, 2026, down 0.5 percent from the previous close. The next session brought a stronger start for the shares, while analyst coverage kept the copper and gold producer's growth outlook in view.

Analysts retain an Overweight view

JPMorgan maintained an Overweight rating on Zijin Mining on September 23, 2026. The recommendation places the stock alongside other mining names covered in the same daily sector review, but the report snippet does not state a revised target price for Zijin Mining.

A separate market brief also maintained an Overweight view on September 23, 2026 and identified the Julong Copper Mine's August 2026 cash cost at RMB 24,700 per tonne before by-product revenues. That cost figure gives investors a concrete operating measure for the company's copper growth projects.

Julong costs shape the copper case

JPMorgan reported the Julong cash-cost figure in its September 23, 2026 China and Hong Kong market brief. The comparison with the share price is important: HKD 34.02 is a market value, while RMB 24,700 per tonne is an operating-cost measure, so the two figures describe different parts of the investment case.

The stock also showed relative resilience during the September 23, 2026 Hong Kong session. A market report said Zijin Mining gained more than 1 percent while the Hang Seng Index moved lower at the open, creating a clear same-session contrast between the company and the broader benchmark.

Stock remains tied to HKD 34.02

Zijin Mining stock closed at HKD 34.02 on the Hong Kong Stock Exchange on September 22, 2026, after a 0.5 percent decline. The dated price and the August 2026 Julong cash-cost figure provide the clearest measurable reference points for the shares.

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