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Polymetal International (LON:POLY – Get Rating) had its target price decreased by Berenberg Bank from GBX 1,500 ($20.40) to GBX 1,000 ($13.60) in a research report released on Thursday morning, Digital Look reports. Berenberg Bank currently has a buy rating on the mining company’s stock. Several other research analysts also recently commented on POLY. Morgan […]
24 May 2021 | 16:36pm StockMarketWire.com - Bolstered by a rally in oil and bitcoin and a strong open on Wall Street, the FTSE 100 closed Monday up 0.5% at 7,051.59. By 4.30pm UK time the S&P 500 in the US was up 1.1% at 4,200.50 amid increasing optimism over the recovery Cinema group Cineworld firmed 3.2% to 89.6p after it said ticket sales for its opening weekend in the UK exceeded its expectations, led by the success of 'Peter Rabbit 2: The Runaway'. Cineworld added that in the US, following the opening of an additional 167 cinemas, over 97% of its cinemas had resumed operations. IT provid...
Weak US retail sales helps calm inflation fears, FTSE up 1.2%
Polymetal's revenue rises 20% in first quarter on higher gold and silver prices It confirmed its 2021 production guidance of 1.5 million gold equivalent ounces and its cost guidance of US$700-750 an ounce The smelter at Varvara. Photo Credit: Polymetal International PLC Polymetal International PLC (LON:POLY) said revenue in the first quarter increased 20% year-on-year to US$593mln (£426mln) as a result of higher gold and silver prices and improved production. The Russia and Kazakhstan-based precious metals miner reported that gold equivalent production grew 3% from the year-e...
22 April 2021 | 16:39pm StockMarketWire.com - The FTSE 100 achieved solid gains on Thursday as the European Central Bank suggested it will maintain its support of the Eurozone economy. By the close the index was up 0.6% at 6,938.24. Stocks struggled for direction across the pond with the S&P 500 flat at 4,174.51 by 4.30pm UK. Pizza chain Domino's Pizza reported a 'strong' first quarter with sales in its delivery business more than offsetting the lower sales from its -impacted collection business. UK & Ireland system sales were up 18.7% to £371.3 million in the first quarter of the year, w...