What’s Ahead for Polymetal International PLC After Today’s Huge Increase?

 What's Ahead for Polymetal International PLC After Today's Huge Increase?

The stock of Polymetal International PLC (LON:POLY) is a huge mover today! The stock decreased 3.70% or GBX 35.09 on November 10, hitting GBX 913.91. About 2.01M shares traded hands or 46.72% up from the average. Polymetal International PLC (LON:POLY) has risen 34.42% since April 13, 2016 and is uptrending. It has outperformed by 28.77% the S&P500.
The move comes after 6 months positive chart setup for the GBX 3.91 billion company. It was reported on Nov, 10 by Barchart.com. We have GBX 1480.53 PT which if reached, will make LON:POLY worth GBX 2.42B more.

Polymetal International PLC (LON:POLY) Ratings Coverage

Out of 11 analysts covering Polymetal International PLC (LON:POLY), 4 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 36% are positive. Polymetal International PLC has been the topic of 61 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock with “Hold” rating in Monday, July 25 report. Deutsche Bank maintained Polymetal International PLC (LON:POLY) on Wednesday, October 5 with “Hold” rating. The stock of Polymetal International PLC (LON:POLY) has “Hold” rating given on Friday, June 24 by Deutsche Bank. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, May 20. The company was maintained on Thursday, May 19 by Deutsche Bank. The rating was maintained by Goldman Sachs on Thursday, March 24 with “Neutral”. The firm has “Hold” rating by Deutsche Bank given on Monday, October 5. The firm has “Neutral” rating by Credit Suisse given on Friday, November 13. Deutsche Bank maintained the stock with “Hold” rating in Monday, September 5 report. The company was maintained on Wednesday, December 16 by Deutsche Bank.

Another recent and important Polymetal International PLC (LON:POLY) news was published by Fool.Co.Uk which published an article titled: “Will Anglo American plc, Polymetal International PLC And Anglo Pacific Group …” on January 28, 2016.

Polymetal International plc is a precious metals mining company. The company has a market cap of 3.91 billion GBP. The Firm has a portfolio of over seven operating gold and silver mines and a pipeline of projects in Russia, Kazakhstan and Armenia in Russia and Kazakhstan. It has a 16.78 P/E ratio. It operates through eight divisions: Voro , Okhotsk activities (LLC Okhotskaya Mining and Exploration Company, Svetloye LLC), Dukat (CJSC Magadan Silver), Omolon (Omolon Gold Mining Company LLC), Varvara (JSC Varvarinskoye), Amursk-Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC), Mayskoye (Mayskoye Gold Mining Company LLC) and Kyzyl (Bakyrchik Mining Venture LLP, JSC Inter Gold Capital).

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