Tuesday preview: US housing, Polymetal in the spotlight
24th Aug 2020 16:03
(Sharecast News) - The focus in financial markets on Tuesday will be on US housing for June with data from the Federal Housing and Finance Agency, alongside figures from S&P Case Shiller both expected to reveal a small further pick up in prices.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read morePolymetal production and revenues rise in second quarter
23rd Jul 2020 09:25
(Sharecast News) - Polymetal reported second quarter gold equivalent production of 358,000 ounces on Thursday, up 2% year-on-year, which it said was driven by a strong performance at Kyzyl, which compensated for the planned decline at Svetloye.
Read moreFresnillo shares surge as the price of silver jumps
22nd Jul 2020 14:23
(Sharecast News) - Shares of precious metals miners were flying on Wednesday as the US dollar weakened and, arguably, as investors sought out safe havens in the wake of another flare-up in US-China diplomatic tensions.
Read moreGold hits 2011 highs above $1,800/oz.
8th Jul 2020 11:41
(Sharecast News) - Gold prices have broken fresh records, despite a recent rally in equities, amid ongoing concerns about the long-term economic impact of the Covid-19 pandemic and the prospect of rising inflation.
Read moreDirector dealings: Polymetal director makes share purchase
7th Jul 2020 16:40
(Sharecast News) - Polymetal International revealed on Tuesday that non-executive director Italia Boninelli had purchased 1,446 shares in the FTSE 100-listed precious metals mining group.
Read moreDirector dealings: Polymetal COO sells shares, Volex director ups stake
23rd Jun 2020 15:44
(Sharecast News) - Polymetal International revealed on Tuesday that chief operating officer Vitaly Savchenko had disposed of 10,000 ordinary shares in the FTSE 100-listed precious metals miner.
Read moreCrispin Odey says governments could ban private gold ownership
20th May 2020 14:52
(Sharecast News) - Crispin Odey, one of Europe's most prominent hedge fund managers, has said governments might ban private ownership of gold if inflation runs out of control after the Covid-19 crisis.
Read morePolymetal to sell North Kaluga polymetallic deposit
11th May 2020 07:37
(Sharecast News) - Polymetal has agreed to sell its North Kaluga polymetallic deposit in the Sverdlovsk region of Russia for around $27m.
Read moreRBC hikes target for Polymetal citing 'positives' from Analysts Day
29th Apr 2020 13:13
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price in shares of gold miner Polymetal in the wake of the Analysts Day held the day before.
Read moreBofA hikes target for gold 18 months ahead by half
21st Apr 2020 12:10
(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Read morePolymetal to pay dividend, maintains guidance
20th Apr 2020 07:45
(Sharecast News) - Russia focused gold miner Polymetal maintained its dividend payout and held full year production guidance despite the Covid-19 pandemic hammering global markets.
Read moreFriday broker round-up
17th Apr 2020 13:45
(Sharecast News) - Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.
Read morePolymetal to control Veduga asset through VTB Bank deal
17th Apr 2020 12:03
(Sharecast News) - Polymetal announced on Friday that VTB Bank - one of Russia's largest banks - was investing $71m for a 40.6% stake in Veduga, a gold deposit in the Krasnoyarsk region.
Read moreFTSE 100 movers: Insurers, precious metals miners pace gains
9th Apr 2020 20:31
(Sharecast News) - Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.
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