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OPYGY - Polyus: A New Short-Term Opportunity Is Coming
PJSC Polyus ADR
Polyus (OPYGY) continues to increase gold production, which will positively affect the Q2 2019 financial results, despite the strengthening ruble. Amid significantly rising stock prices, the main shareholder once again can sell a small stake in Polyus. This will allow investors to buy some shares as the stock price will decline for a short period. The upcoming strong financial report for Q2 2019, an inflow of money from passive funds, and the expected cut in the Fed rate will provide mid-term support for the stock, so investors will likely have little time to buy the