MMG Ltd (1208)

Currency in HKD
9.430
+0.220(+2.39%)
Closed·
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Fair Value
Day's Range
9.3859.780
52 wk Range
4.87011.960
Key Statistics
Bid/Ask
9.43 / 9.43
Prev. Close
9.21
Open
9.39
Day's Range
9.385-9.78
52 wk Range
4.87-11.96
Volume
73.7M
Average Vol. (3m)
55.38M
1-Year Change
82.7519%
Fair Value
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Fair Value Upside
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1208 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
11.853
Upside
+25.69%
Members' Sentiments
Bearish
Bullish
ProTips
Stock price movements are quite volatile

MMG Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

10 Buy
1 Hold
0 Sell
Ratings:
11 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 11.853
(+25.69% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy13.00+37.86%-New CoverageJun 11, 2026
HSBC
Buy11.20+18.77%-UpgradeApr 27, 2026
Goldman Sachs
Buy13.50+43.16%-MaintainApr 06, 2026
Citi
Buy11.20+18.77%12.50MaintainMar 10, 2026
Goldman Sachs
Buy9.12-3.29%10.00MaintainJan 06, 2026

MMG Ltd Earnings Call Summary for H1/2026

  • MMG reported record H1 2026 revenue of $4.54B, up 61% YoY; profit attributable to equity holders surged 164% to ~$900M on higher metal prices.
  • Operating cash flow jumped 89% to $2.23B; net debt fell to $610M with gearing at 6%, marking strongest balance sheet in over a decade.
  • Las Bambas targets upper end of 380K-400K tons copper for 2026; Khoemacau Phase 2 expansion on track for H1 2028 first concentrate production.
  • Full-year capex guidance maintained at $1.6B-$1.7B; EU approval for Nickel Brazil transaction expected within 2-3 months before settlement.
  • Management working to remove technical obstacles for dividend restart, expects reassessment later in 2026; shares fell 1.34% to $8.865 post-results.
Last Updated: 08/11/2026, 11:43 PM
Read Full Transcript
MMG Ltd investor slides for H1/2026
MMG H1 2026 slides
Last Update: Aug 12, 2026
See full investor slides

Earnings

Latest Release
Aug 12, 2025
EPS / Forecast
0.03 / 0.08
Revenue / Forecast
2.82B / --
EPS Revisions
Last 90 days

1208 Income Statement

Compare 1208 to Peers and Sector

Metrics to compare
1208
Peers
Sector
Relationship
P/E Ratio
0.0x20.8x4.3x
PEG Ratio
0.000.200.00
Price / Book
0.0x2.8x1.6x
Price / LTM Sales
0.0x2.9x1.3x
Upside (Analyst Target)
0.0%1.5%34.2%
Fair Value Upside
Unlock−12.5%0.9%Unlock

MMG Limited, an investment holding company, engages in the exploration, development, and mining of mineral properties. It operates through Las Bambas, Kinsevere, Khoemacau, Dugald River, and Rosebery segments. The company explore for copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits. It holds a portfolio of projects in Peru, Australia, Botswana, and the Democratic Republic of Congo. MMG Limited was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. The company was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited operates as a subsidiary of China Minmetals H.K. (Holdings) Limited.

Employees
5595
Market
Hong Kong

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
1.82B14.18%16.78B
Other Institutional Investors
9.65B75.08%88.83B
Public Companies & Retail Investors
1.38B10.74%12.70B
Total
12.85B100.00%118.31B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
China Minmetals Corporation63.72%8,186,032,92375,393,363
China Securities Depository and Clearing Corporation Limited9.92%1,274,755,69411,740,500

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FAQ

What Is the MMG Ltd (1208) Stock Price Today?

The MMG Ltd stock price today is 9.430 HKD.

What Stock Exchange Does MMG Ltd Trade On?

MMG Ltd is listed and trades on the Hong Kong Stock Exchange.

What Is the Stock Symbol for MMG Ltd?

The stock symbol for MMG Ltd is "1208."

What Is the MMG Ltd Market Cap?

As of today, MMG Ltd market cap is 118.320B HKD.

What Is MMG Ltd's Earnings Per Share (TTM)?

The MMG Ltd EPS (TTM) is 0.086.

From a Technical Analysis Perspective, Is 1208 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has MMG Ltd Stock Split?

MMG Ltd has split 2 times.

How Many Employees Does MMG Ltd Have?

MMG Ltd has 5595 employees.

What is the current trading status of MMG Ltd (1208)?

As of Aug 26, 2026, MMG Ltd (1208) is trading at a price of 9.430 HKD, with a previous close of 9.210 HKD. The stock has fluctuated within a day range of 9.385 HKD to 9.780 HKD, while its 52-week range spans from 4.870 HKD to 11.960 HKD.

What Is MMG Ltd (1208) Price Target According to Analysts?

The average 12-month price target for MMG Ltd is 11.853 HKD, with a high estimate of 14.00784314 HKD and a low estimate of 9.99215686 HKD. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +25.69% Upside potential.
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