LYGEND RESOURCE: ANNUAL REPORT 2024

HKEXApr 29 08:00 ET · Announcements

Is Lygend Resources & Technology (HKG:2245) A Risky Investment?

Simply Wall StApr 26 20:15 ET

Lygend's 2024 Profit Rises 69%

MT NewswiresApr 1 04:45 ET

Hong Kong Stocks Movement | LYGEND RESOURCE (02245) rose over 22% during the session, with a year-on-year increase of nearly 70% in annual net profit. The implementation of Indonesia's policies may raise nickel prices.

LYGEND RESOURCE (02245) rose over 22% during the trading session, as of the time of writing, it increased by 12.38%, priced at 10.44 HKD, with a trading volume of 10.1343 million HKD.

Zhitong FinanceMar 31 03:51 ET

LYGEND RESOURCE (2245.HK): A sample of counter-cyclical growth amidst a bottom oscillation in nickel prices.

In 2024, the global nickel market continued its "roller coaster" trend. The main nickel futures prices on the Shanghai Futures Exchange rose from 0.123 million yuan/ton at the beginning of the year to 0.16 million yuan/ton in May, and then gradually fell back to the beginning of the year's level due to intensified oversupply and temporary weak demand, presenting a pattern of "sharp rise and fall, bottom oscillation" throughout the year. (Shanghai nickel main contract; source: Baidu Stock Market) Despite the volatility in nickel prices, when viewed over a longer time frame, the space for further decline in nickel prices has become very limited due to Indonesia's tightening policies, the increase in demand for New energy Fund, and the accelerated clearing on the supply side. In this context, nickel companies that can achieve counter-cyclical growth are particularly worthy of attention.

Gelonghui FinanceMar 30 21:40 ET

Lygend Resources & Technology Co., Ltd. (HKG:2245) Surges 49% Yet Its Low P/E Is No Reason For Excitement

Simply Wall StMar 30 21:31 ET