Net profit for the first three quarters of gold and molybdenum shares rose 87% to 101% compared with the same period last year

SMM10 8: gold molybdenum shares disclosed in the evening results forecast, the first three quarters pre-profit of 425 million yuan to 455 million yuan, up about 87% to 101% year-on-year. During the reporting period, the overall molybdenum market at home and abroad rose. The average price of 60% ferromolybdenum in China from January to September was 122000 yuan / ton, up 5.8% from the same period last year. The average price of molybdenum oxide in the international market was $11.93 / lb molybdenum, up 0.51% from the same period last year.