KAZ MINERALS PLC UNSP ADR EACH REPR 0.5 (KZMYY) Upgraded to Buy at Zacks Investment Research

KAZ Minerals PLC (KAZ) Given Sell Rating at Liberum Capital

Zacks Investment Research upgraded shares of KAZ MINERALS PLC UNSP ADR EACH REPR 0.5 (NASDAQ:KZMYY) from a hold rating to a buy rating in a research report sent to investors on Wednesday. The brokerage currently has $1.50 target price on the stock.

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. “

KAZ MINERALS PLC UNSP ADR EACH REPR 0.5 (NASDAQ:KZMYY) opened at 1.15 on Wednesday. The company has a 50 day moving average price of $1.39 and a 200 day moving average price of $1.78. KAZ MINERALS PLC UNSP ADR EACH REPR 0.5 has a 52-week low of $0.81 and a 52-week high of $1.27. The firm has a market capitalization of $1.03 billion and a P/E ratio of 13.86.

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