Stock Analysis: Geo Energy Res | Lianhe Zaobao
Geo Energy Resources recommends buying, with a target price of 0.59 yuan and a closing price of 0.48 yuan (+3.26%). Due to the use of old transportation routes, the coal supply for the fiscal year 2025 is only 2 million tons, expected to increase to 4 million tons in 2026, reach 12 million tons in 2027, and 16 million tons and 25 million tons in 2028 and 2029, respectively. The construction of new roads is 30% complete, expected to reach 40% by the end of the year, and fully completed by mid-next year. Coal prices remain stable at $42 per ton. Phillip Securities maintains a "Buy" rating
