22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
Read more22nd Aug 2016 07:31
(ShareCast News) - UBS upgraded KAZ Minerals to 'buy' from 'neutral' and lifted the price target to 270p from 150p saying it is now delivering on growth. In addition, it said it likes the group's strong growth profile, and execution risk at Bozshakol and Aktogay has decreased materially. "A site vi
Read more19th Aug 2016 16:08
(ShareCast News) - UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south. The spectre of the Lisbon Treaty's Article 50 rose once more, following a media report that claimed UK Prime Minister Theresa May was sympathetic to
Read more19th Aug 2016 12:07
(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps
Read more19th Aug 2016 10:17
(ShareCast News) - RBC Capital Markets downgraded Gem Diamonds to 'sector perform' from 'outperform' and slashed the price target to 130p from 170p. The bank said the investment thesis for Gem revolves around the Letseng mine in Lesotho. It said the Ghaghoo mine in Botswana is a drag on valuation,
Read more19th Aug 2016 08:19
(ShareCast News) - Credit Suisse upgraded KAZ Minerals to 'outperform' from 'neutral' and lifted the price target to 250p from 165p saying development risks are receding. "Our concerns around KAZ have centred around execution risks at the two main growth projects and funding risks due to high levels
Read more18th Aug 2016 15:29
(ShareCast News) - The FTSE 250 rose 0.59% to 17,863.91 points in Thursday afternoon trade. Kaz Minerals was the biggest riser on London's second tier index after it reported a rise in first half earnings and said its new Bozshakol project is on track for commercial output in the second half. Fo
Read more18th Aug 2016 07:47
(ShareCast News) - Kaz Minerals surged on Thursday as it reported a rise in first-half earnings and said its new Bozshakol project is on track for commercial output in the second half. For the six months to the end of June, the copper miner said core profit rose to $115m from $88m in the same period
Read more10th Aug 2016 09:21
(ShareCast News) - Canaccord Genuity on Wednesday reiterated a 'hold' rating on KAZ Minerals but raised its target price to 155p from 130p. "While our main concern on KAZ remains the weak copper price hindering the company's debt pay-down plans as it completes its growth projects, the company has re
Read more28th Jul 2016 12:00
(ShareCast News) - Kaz Minerals reported an increase in second quarter copper and gold production in its four mines in Kazakhstan and Kyrgyzstan. Copper cathode production increased by 43% to 52,600 tonnes (kt) in the three months ended 30 June, due to commissioning of new mines in the east regio
Read more6th Jun 2016 15:10
(ShareCast News) - Rising crude and metals prices helped propel several resources-linked FTSE 250 stocks higher in an overall quiet session, with concurrent Brexit jitters weighing on the housing sector. At 1519 BST, West Texas Intermediate crude was up 1.83% to $49.51 a barrel, while Brent firmed 1
Read more27th May 2016 15:30
(ShareCast News) - FTSE 250 was marginally firmer in late afternoon trade as UK traders wound down ahead of a long weekend, with few of today's in-the-news mid-cap stocks figuring among that index's top-10 risers. Shares in Phoenix Group Holdings were ahead as it agreed with AXA UK to buy AXA Wealth
Read more26th May 2016 14:30
(ShareCast News) - The FTSE 250 slipped further into the red late as Thursday wore on, despite having peeped its head above water around midday. Leading the index lower, shares in Ibstock subsided as the brick maker reported a slow start to the year for its UK clay business had lasted four months b
Read more28th Apr 2016 09:02
(ShareCast News) - Kazakhstan-focused copper producer KAZ Minerals has made a solid start to the year, reporting the on-schedule ramping up of projects and production in line with guidance in its first quarter on Thursday. The FTSE 250 firm produced copper cathode equivalent of 21.5 kilotons during
Read more11th Apr 2016 15:35
(ShareCast News) - The FTSE 250 could not match the small rise of its blue chip neighbour index, falling 0.26% on Monday as its property and housebuilding stocks cast a shadow across the mid caps. House builders on the FTSE 250, including Galliford Try, Crest Nicholson, Bellway, Redrow and Bovis Hom
Read more