POYYF - Polymetal International Is Stable In Its Mediocrity
Even though Polymetal International's (AUCOY, POYYF) management considers the recent production results strong enough, I can't fully share their positive view. Significant production cuts, alongside other issues, coincided with the most favorable price situation in the gold market in many years. In my previous article about the company, I explained why it will be obscured by Polyus (OPYGY) in the long term. Nonetheless, due to higher stock liquidity, it is still can be considered as a liquid short-to mid-term hedge that pays decent dividends.
Q4 Operational Results
Gold equivalent production