Shares of KAZ Minerals PLC (OTCMKTS:KZMYY) have been given a consensus recommendation of “Hold” by the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $6.25.
KZMYY has been the subject of several recent analyst reports. Barclays reaffirmed an “overweight” rating on shares of KAZ Minerals in a research note on Monday, February 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KAZ Minerals in a report on Wednesday, January 13th. Liberum Capital downgraded KAZ Minerals from a “buy” rating to a “hold” rating in a report on Tuesday, October 27th. Zacks Investment Research upgraded KAZ Minerals from a “hold” rating to a “buy” rating and set a $6.25 price objective for the company in a report on Thursday, February 18th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of KAZ Minerals in a report on Thursday, January 14th.
Shares of KAZ Minerals stock traded up $0.02 on Tuesday, hitting $5.96. 16,371 shares of the company traded hands, compared to its average volume of 25,002. The stock has a market capitalization of $5.46 billion, a P/E ratio of 10.28 and a beta of 1.84. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.85 and a current ratio of 2.63. KAZ Minerals has a 52 week low of $1.51 and a 52 week high of $6.07. The business has a 50-day simple moving average of $5.22 and a 200 day simple moving average of $4.25.
KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Aktogay and Bozshakol open pit copper mines in the east region and Pavlodar region of Kazakhstan; three underground mines and in the east region of Kazakhstan; and the Bozymchak copper-gold mine in Kyrgyzstan.
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