Polymetal International PLC (POLY) Insider Marina Groenberg Acquires 2,500 Shares
Polymetal International PLC (LON:POLY) insider Marina Groenberg purchased 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 11th. The shares were acquired at an average price of GBX 866 ($10.72) per share, with a total value of £21,650 ($26,794.55).
Shares of Polymetal International PLC (LON:POLY) traded down 1.74% during mid-day trading on Friday, hitting GBX 848.00. 1,009,569 shares of the company traded hands. Polymetal International PLC has a 52-week low of GBX 497.20 and a 52-week high of GBX 1,209.00. The firm has a 50-day moving average price of GBX 997.49 and a 200 day moving average price of GBX 924.70. The firm’s market cap is GBX 3.61 billion.
POLY has been the subject of a number of recent research reports. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 870 ($10.77) price target on shares of Polymetal International PLC in a research note on Thursday, June 16th. Numis Securities Ltd upgraded shares of Polymetal International PLC to a “buy” rating in a research note on Tuesday, July 19th. Berenberg Bank started coverage on shares of Polymetal International PLC in a research note on Wednesday, September 7th. They issued a “buy” rating for the company. Deutsche Bank AG restated a “hold” rating and issued a GBX 610 ($7.55) target price on shares of Polymetal International PLC in a research note on Monday, June 20th. Finally, Credit Suisse Group AG raised their target price on shares of Polymetal International PLC from GBX 610 ($7.55) to GBX 840 ($10.40) and gave the stock a “neutral” rating in a research note on Friday, July 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 677.89 ($8.39).
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About Polymetal International PLC
Polymetal International plc is a precious metals mining company. The Company 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 operates through eight segments: Voro (CJSC Gold of Northern Urals), Okhotsk operations (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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