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研報掘金丨中信建投:紫金礦業Q1實現開門紅,予“買入”評級

中信建投證券研報指出,紫金礦業(601899.SH)一季度礦產銅金量價齊升+成本環比顯著下降,公司實現開門紅。考慮到公司在銅、金等行業地位及低成本優勢,給予公司“買入”評級。2024 年第一季度,公司進一步落實“提質、控本、增效”工作總方針,主要礦產品成本上升勢頭得到有效遏制,庫存、工程和物資單價等均有明顯下降,公司整體運營成本特別是海外項目運營成本環比下降明顯,公司把海外項目成本管控作為重點,設立了國際事業委員會,形成海外建設、物流、採購、人力及工程技術等“一體化”全流程成本自主可控體系,疊加金銅價格持續上升背景,公司毛利水平增厚顯著。

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