POYYF - Polymetal International: Higher Gold Prices Supporting Revenue
Investment Thesis
Shares of Polymetal International (AUCOY) have been advancing on rising gold prices. The existing shareholder policy coupled with extremely attractive valuation and low correlation to markets suggests that this trend is likely to continue.
Corporate profile
Polymetal International is a Russian precious metals mining company which has a listing on the London and Moscow stock exchanges. The company has been several times recognized for environmental, social and governance efforts by leading index and market data providers such as MSCI, Dow Jones Sustainability Indexes or ISS. Most of the company's revenue comes