CITIC Securities Puts Buy Rating on Lygend Resources

Published: Feb 08, 2023 17:36 (GMT+8)

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The share prices of Ningbo Lygend Resources & Technology rose about 7% towards the end of the day.

The share prices of Ningbo Lygend Resources & Technology rose about 7% towards the end of the day. According to the first evaluation report of CITIC Securities, Lygend Resources has an outstanding market position. The company is expected to continue to increase profits amid fluctuations in nickel prices. CITIC Securities aims for the share prices of Lygend Resources, which stood at HK$14.82 as of today’s publication time, to climb to HK$18.

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