Polymetal International PLC Stock Is Rising Now

 Polymetal International PLC Stock Is Rising Now

The stock of Polymetal International PLC (LON:POLY) is a huge mover today! The stock decreased 1.34% or GBX 10.34 on November 29, hitting GBX 759.16. About 1.42M shares traded hands or 3.65% up from the average. Polymetal International PLC (LON:POLY) has risen 8.53% since May 2, 2016 and is uptrending. It has outperformed by 3.27% the S&P500.
The move comes after 8 months positive chart setup for the GBX 3.24 billion company. It was reported on Nov, 29 by Barchart.com. We have GBX 804.71 PT which if reached, will make LON:POLY worth GBX 194.40M more.

Polymetal International PLC (LON:POLY) Ratings Coverage

Out of 12 analysts covering Polymetal International PLC (LON:POLY), 5 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 42% are positive. Polymetal International PLC has been the topic of 66 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by Jefferies on Friday, April 8. The rating was upgraded by Numis Securities on Tuesday, July 19 to “Buy”. The stock has “Hold” rating given by Deutsche Bank on Wednesday, March 23. Goldman Sachs maintained the shares of POLY in a report on Thursday, March 24 with “Neutral” rating. The stock of Polymetal International PLC (LON:POLY) earned “Equal Weight” rating by Barclays Capital on Wednesday, August 26. Deutsche Bank maintained the stock with “Hold” rating in Monday, June 6 report. The stock of Polymetal International PLC (LON:POLY) earned “Hold” rating by Deutsche Bank on Wednesday, December 16. As per Wednesday, August 17, the company rating was maintained by Berenberg. The firm earned “Add” rating on Tuesday, November 15 by Peel Hunt. The rating was maintained by Credit Suisse on Monday, October 19 with “Neutral”.

Another recent and important Polymetal International PLC (LON:POLY) news was published by Bloomberg.com which published an article titled: “Polymetal Drops Most Since 2014 as Major Shareholders Cut Stakes” on September 23, 2016.

Polymetal International plc is a precious metals mining company. The company has a market cap of 3.24 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 14.05 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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