JX Advanced Metals ranks 5th in rising sell forecasts among individual investors on Minkabu

As of noon on June 3, JX Advanced Metals Corporation <5016> ranked fifth in "rising sell forecasts" under the "retail investor forecasts (latest 48 hours)" compiled by Minkabu.

The stock rebounded sharply on the Tokyo Stock Exchange's Prime Market for the first time in three days on June 3. The company holds a dominant market share in sputtering targets, thin-film materials used in chip manufacturing, and benefits from growing demand for indium phosphide substrates used in data center communications equipment. JX Advanced Metals reported earnings on May 11, forecasting a record consolidated net profit of 114 billion yen for the fiscal year ending March 2027, up 8.9% year-on-year. Although profit-taking triggered an adjustment phase following the announcement, renewed buying interest has emerged following reports that net profit could exceed 160 billion yen.

Source: MINKABU PRESS

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