Inner Mongolia Dazhong Mining Hits Day High with 9.43% Surge

Inner Mongolia Dazhong Mining Co., Ltd. has experienced a significant surge in its stock price, gaining 9.43% on February 24, 2026. The stock reached an intraday high of CNY 37.17, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Inner Mongolia Dazhong Mining has shown a robust increase of 19.85%, and its one-month performance stands at 18.75%. Impressively, the stock has delivered a remarkable 319.7% return over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. Despite these positive short-term trends, the company faces challenges in its long-term growth metrics. Net sales have declined at an annual rate of 10.53% over the last five years, and operating profit has decreased by 17.42%. The company reported negative results for the last four consecutive quarters, with net sales for the first half of the year at CNY 1,693.23 million, reflecting a decline of 14.35%. With a market capitalization of CNY 45,301 million, Inner Mongolia Dazhong Mining operates within the minerals and mining industry, showcasing a P/E ratio of 26.00 and a dividend yield of 0.54%.