KAZ Minl PLC/ADR (OTCMKTS:KZMYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.
According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company’s operating segment consists of East Region Operations, Mining Projects and Bozymchak segments. It operates underground mines in the East Region of Kazakhstan and open-pit mine in Bozymchak, Kyrgyzstan and develops various mining projects situated at Bozshakol, Aktogay, and Koksay. KAZ Minerals PLC, formerly known as KAZAKHMYS LTD, is headquartered in London, the United Kingdom. “
Get KAZ Minl PLC/ADR alerts:KZMYY has been the subject of several other reports. JPMorgan Chase & Co. downgraded KAZ Minl PLC/ADR from an “overweight” rating to a “neutral” rating in a research note on Friday, June 8th. HSBC downgraded KAZ Minl PLC/ADR from a “hold” rating to a “reduce” rating in a research note on Wednesday, April 18th. Finally, ValuEngine downgraded KAZ Minl PLC/ADR from a “buy” rating to a “hold” rating in a research note on Monday.
Shares of KZMYY opened at $5.64 on Wednesday. The company has a debt-to-equity ratio of 3.47, a current ratio of 2.39 and a quick ratio of 2.03. The stock has a market capitalization of $4.96 billion, a PE ratio of 10.44 and a beta of 2.80. KAZ Minl PLC/ADR has a one year low of $3.69 and a one year high of $7.59.
KAZ Minl PLC/ADR Company Profile
KAZ Minerals PLC, together with its subsidiaries, engages in mining, processing, and sale of copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. It operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in eastern Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.
Get a free copy of the Zacks research report on KAZ Minl PLC/ADR (KZMYY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
No comments:
Post a Comment