POYYF - Polymetal: Even Pricier Than Pricey Polyus
Polymetal (AUCOY) (POYYF) is a company with average assets, average production costs, and much higher than average YTD stock performance. Nonetheless, there's nothing on the fundamental side that could justify the current valuation in the longer term. With gold prices under pressure and lack of growth prospects, it seems that the best has already happened to the stock.
Company Overview
Polymetal is a precious metals mining company with the key assets located in Russia and Kazakhstan.
The company ranks second in Russia and is among the top 20 companies in the world (16th in 2018)