Added to YB: 2026-06-30
Pitch date: 2026-06-26
1712.HK [bullish]
Dragon Mining Limited
-6.3%
current return
Author Info
No bio for this author
Company Info
Dragon Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold mining assets in Sweden and Finland.
Market Cap
HKD 160.5M
Pitch Price
HKD 4.76
Price Target
11.15 (+150%)
Dividend
N/A
EV/EBITDA
0.58
P/E
2.34
EV/Sales
0.35
Sector
Metals and Mining
Category
value
Weird Shit Investing 2026 - Dragon Mining Limited
1712.HK: Gold producer (Sweden/Finland mines, HK-listed, Aus-domiciled). Net cash up 5x in 3yrs; by 1H26 EV<HKD300m vs ~HKD400m TTM FCF = <1x EV/FCF. Re-domicile to HK (0% tax vs 30% Aus) unlocks dividends. NPV(10%) implies 150%+ upside; Swedish mine approval = 5x. Cash covers mkt cap even at $2000/oz gold. Possible double-digit yield. Buy controlling holder APAC (1104 HK) to hedge take-under risk.
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