Assessing Mongolian Mining (SEHK:975) Valuation After Strong 1 Year Shareholder Return

The article analyzes the valuation of Mongolian Mining Corporation after a strong 1-year shareholder return of 73.5%. The company's P/E ratio of 20.4x is considered fair compared to its peers (26.6x) and the broader industry (18.6x). The author concludes that the current valuation is 'about right' but highlights potential risks from weakening coal demand in China and rising operational costs.