Liberum Capital reiterated Kaz Minerals PLC (LON:KAZ) as ‘Sell’ With 100 PT

Kaz Minerals Confirms VAT Refunds From Kazakhstan

According to a report issued to investors by Liberum Capital on Thursday, shares of Kaz Minerals PLC (LON:KAZ) had their rating reiterated by analysts to ‘Sell’.

The analyst stated that the investment firm has set a price target of 100 on shares of LON:KAZ. Based on the brokers price target of 100, this means Liberum Capital believes there is a potential decrease of -77.63% from the current stock price of 447.1.

Kaz Minerals PLC has 446,517,000 shares which are currently outstanding with shareholders and have a price of 447.1 bringing Kaz Minerals PLC’s market capitalisation to 2.00B GBP.

Kaz Minerals PLC Share Chart Over Twelve Months
The company’s 50 day moving average is 391.04 and its 200 day moving average is 272.21. The 52 week high Kaz Minerals PLC’s shares have reached is 462.9 whilst the 52 week low for the company’s shares is 99.84.
KAZ Minerals PLC is an investment holding company principally engaged in mining businesses. The Company operates through three segments. East Region Operations segment is mainly engaged in the mining, processing, marketing and sales of copper and other metals. Other metals include gold, silver and zinc concentrate, among others. Bozymchak segment is engaged in the operation of Bozymchak gold-copper mine. Mining Projects segment is engaged in the operation of other major projects, including Aktogay, Bozshakol and Koksay.
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