CITIC Securities: The valuations of aluminum, copper, nickel, cobalt, tin, antimony, and gold are at relatively low levels

Golden Ten Data reported on May 13 that a research report by CITIC Securities stated that the current valuation of the metals sector remains at a reasonable level, with aluminum, copper, nickel-cobalt-tin-antimony, and gold valuations at relatively low levels. A valuation rebound is still expected. Although industry dividends have seen a slight decline, the forecast dividend yield for some individual stocks remains above 5%. Looking ahead to 2026, with liquidity pressures easing, frequent supply disruptions, and continued strong performance in certain downstream sectors, it is recommended to continue focusing on allocation opportunities in lithium, copper, rare earths, strategic metals, aluminum, and gold sectors.