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HKG:0358 1 December 2025

SolGold Stock Soars After Rejecting Jiangxi Copper’s $1 Billion Bid – What’s Next for SOLG / SLGGF?

SolGold Stock Soars After Rejecting Jiangxi Copper’s $1 Billion Bid – What’s Next for SOLG / SLGGF?

SolGold plc has just turned into one of the liveliest dramas on the London market. After a year of “transformational” financing and project progress at its Cascabel copper–gold project in Ecuador, the company is now in a formal takeover “offer period” following a rejected approach from China’s Jiangxi Copper – and the share price has ripped higher on both sides of the Atlantic. Investing.com+2London South East+2

Stock Market Today

  • MongoDB (MDB) Slides 1.25% Before Earnings; Valuation Stays High
    July 2, 2026, 7:56 PM EDT. MongoDB (MDB) slipped 1.25% to $354.88 on the day, missing the Dow's 1.14% gain while the Nasdaq fell 0.8%. MDB has dropped 2.43% the past month, lagging both the Computer and Technology sector and the S&P 500. The company is due to post quarterly EPS of $1.60, up 60% from a year ago, on revenues of $733.61 million, a 24% jump. For the full year, MongoDB is expected to see EPS climb 22% to $6.07, with revenue up 19% at $2.94 billion. The stock sits at a steep 59.18x forward P/E, much higher than the industry's 19.52, and a PEG ratio of 4.85 against the sector's 1.09, even as MDB holds a Zacks Rank #3 (Hold). Investors are watching analyst estimate changes heading into earnings.
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