KGHM Polska Miedz (OTCMKTS:KGHPF) Trading Up 5.1% – What’s Next?

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF)’s stock price rose 5.1% during mid-day trading on Monday . The stock traded as high as $90.78 and last traded at $90.78. Approximately 151 shares were traded during trading, a decline of 91% from the average daily volume of 1,613 shares. The stock had previously closed at $86.35.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on KGHPF. Citigroup lowered KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research note on Monday, February 16th. Morgan Stanley reiterated an “overweight” rating on shares of KGHM Polska Miedz in a report on Thursday, November 20th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

KGHM Polska Miedz Price Performance

The firm’s 50 day moving average price is $84.78 and its two-hundred day moving average price is $60.14.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.