Polymetal International PLC (LON:POLY) Plans $0.14 Dividend

Polymetal International PLC (LON:POLY) declared a dividend on Tuesday, August 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be given a dividend of $0.14 per share by the mining company on Friday, September 29th. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, September 7th. The official announcement can be viewed at this link.

Polymetal International PLC (LON POLY) traded down 2.10% on Wednesday, hitting GBX 840.50. The stock had a trading volume of 1,171,385 shares. Polymetal International PLC has a 52 week low of GBX 723.00 and a 52 week high of GBX 1,367.91. The firm has a 50-day moving average of GBX 913.64 and a 200 day moving average of GBX 960.20. The company’s market capitalization is GBX 3.62 billion.

A number of research firms recently commented on POLY. Jefferies Group LLC reiterated an “underperform” rating on shares of Polymetal International PLC in a report on Wednesday, May 17th. J P Morgan Chase & Co boosted their target price on Polymetal International PLC from GBX 956 ($12.35) to GBX 971 ($12.54) and gave the company an “underweight” rating in a research report on Tuesday, May 16th. Berenberg Bank lowered Polymetal International PLC to a “hold” rating and boosted their target price for the company from GBX 960 ($12.40) to GBX 1,090 ($14.08) in a research report on Friday, May 19th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,200 ($15.50) target price on shares of Polymetal International PLC in a research report on Wednesday, July 26th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 1,166 ($15.06) target price (down previously from GBX 1,193 ($15.41)) on shares of Polymetal International PLC in a research report on Tuesday, August 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. Polymetal International PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 913.75 ($11.80).

TRADEMARK VIOLATION WARNING: This piece was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://ledgergazette.com/2017/09/13/polymetal-international-plc-announces-dividend-of-0-14-poly.html.

About Polymetal International PLC

Polymetal International plc is a gold and silver mining company operating in Russia, Kazakhstan and Armenia. The Company operates through nine segments: Voro (CJSC Gold of Northern Urals); Okhotsk operations (LLC Okhotskaya Mining and Exploration Company and Svetloye LLC); Dukat (JSC Magadan Silver); Omolon (Omolon Gold Mining Company LLC); Varvara (JSC Varvarinskoye; JSC Komarovskoye Mining Company); Amursk/Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC); Mayskoye (Mayskoye Gold Mining Company LLC); Kyzyl (Bakyrchik Mining Venture LLP and Inter Gold Capital LLP), and Armenia (Kapan MPC CJSC and LV Gold Mining CJSC).

Receive News & Ratings for Polymetal International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polymetal International PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply