Sumitomo Metal Mining (TSE:5713) Is Up 8.2% After China Stimulus Hopes Lift Metals Sentiment [Yahoo! Finance]
SUMITOMO MTL MNG UNSP/ADR (SMMYY)
NASDAQ:AMEX Investor Relations:
smm.co.jp/e/ir
Company Research
Source: Yahoo! Finance
Sumitomo Metal Mining participated in this broad rally, as investors linked potential Chinese stimulus to stronger future demand for metals and mining activity. With recent gains in place, we'll assess how expectations for Chinese economic stimulus might influence Sumitomo Metal Mining's investment narrative. The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. To own Sumitomo Metal Mining, you really have to believe in a long-term need for copper, nickel and other metals, and in management's ability to turn that demand into healthier margins than the recent 1.5%. The sharp move after Beijing's 2026 stimulus pledge fits neatly into that story, as the market quickly priced in the prospect of firmer Chinese demand on top of SMM's upgraded profit guidance and richer dividend framework. In the near term, that optimism could support the company's capital spending plans, includin
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News
- Sumitomo Metal Mining (OTCMKTS:SMMYY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "neutral" rating.MarketBeat
- China Rare Earth Squeeze Sparks Interest In Australian Nickel Assets [Forbes]Forbes
- Is Sumitomo Metal Mining (TSE:5713) Overvalued After Its Recent Share Price Surge? [Yahoo! Finance]Yahoo! Finance
- Toyota, Sumitomo step up collaboration in ASSBs [Yahoo! Finance]Yahoo! Finance