North Copper Co. Hits Day Low of CNY 13.58 Amid Price Pressure

3 hours ago
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North Copper Co., a key player in the Minerals & Mining sector, saw a decline on August 13, 2026, contrasting with the broader market. Despite recent setbacks, the company reported strong financials, including a net profit of CNY 1,457.78 million and a notable return on equity of 23.88%.
North Copper Co. Hits Day Low of CNY 13.58 Amid Price Pressure
North Copper Co., a prominent player in the Minerals & Mining sector, experienced a notable decline of 3.89% on August 13, 2026, reaching an intraday low of CNY 13.58. This performance stands in contrast to the China Shanghai Composite, which saw a modest decrease of 0.5% on the same day.
Over the past week, North Copper has faced a decline of 3.82%, while its monthly performance remains positive at 14.86%. Year-to-date, the stock has decreased by 11.63%, although it has shown impressive growth over longer periods, with a 133.68% increase over the past three years and a 60.57% rise over five years. The company has reported strong financial metrics, including a net profit of CNY 1,457.78 million and a remarkable return on equity of 23.88%. Additionally, North Copper has benefited from a significant reduction in raw material costs, down 23.1% year-over-year. Despite the recent downturn, the company maintains a solid market position with a market capitalization of CNY 25,716 million and a price-to-earnings ratio of 14.00.
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