Polymetal International hits new 1-year high at $1,312.00
Shares of Polymetal International PLC (LON: POLY) hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 1,312 ($17.26) and last traded at GBX 1,309 ($17.22), with a volume of 189760 shares. The stock had previously closed at GBX 1,266 ($16.65).
Several analysts have commented on the stock. UBS Group reiterated a “buy” rating and issued a GBX 1,350 ($17.76) price target (down previously from GBX 1,400 ($18.42)) on shares of Polymetal International in a research note on Thursday, December 5th. Berenberg Bank reiterated a “buy” rating on shares of Polymetal International in a research note on Monday, February 3rd. Numis Securities cut shares of Polymetal International to an “add” rating in a research note on Thursday, October 24th. Goldman Sachs Group decreased their price target on shares of Polymetal International from GBX 1,310 ($17.23) to GBX 1,300 ($17.10) and set a “buy” rating on the stock in a research note on Tuesday, October 29th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Polymetal International from GBX 1,150 ($15.13) to GBX 1,120 ($14.73) and set a “neutral” rating on the stock in a research note on Tuesday, December 17th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 1,242
The firm has a market cap of $6.15 billion and a PE ratio of 18.31. The company has a current ratio of 2.51, a quick ratio of 0.85 and a debt-to-equity ratio of 116.83. The firm’s 50-day simple moving average is GBX 1,249.69 and its 200-day simple moving average is GBX 1,175.18.
The business also recently declared a dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 13th will be paid a $0.20 dividend. This represents a yield of 1.18%. The ex-dividend date of this dividend is Thursday, February 13th. Polymetal International’s payout ratio is currently 0.45%.
Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The company operates in four segments: Magadan, Ural, Khabarovsk, and Kazakhstan. It is involved in the exploration, extraction, processing, reclamation, and other related activities of gold, silver, copper, zinc, and platinum group metals.
Polymetal is the Gold Partner of the International Astana Mining & Metallurgy Congress, which will be held June 18-19, 2020 in Nur Sultan, at the Hilton Astana Hotel.
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