PPLKF - Petropavlovsk: A Messy Stock For Brave Investors
Photo source: Sputnik; edited by Author
For the last two years, I've been covering two biggest gold producers in Russia - Polyus (OPYGY) and Polymetal (AUCOY) - though these two are not the only ones that are worth attention. Henceforth, I'll expand my coverage on mid-cap Russian gold miners starting with Petropavlovsk (PPLKF). Petropavlovsk clearly stands out of other boringly good peers like Polyus or Polymetal, yet still represents an interesting case for steadfast investors.
Business Overview
Petropavlovsk is the fifth largest gold producer in Russia, having started as one of Peter Hambro Mining PLC's