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OPYGY - Polyus Is A Cheap Gold Miner With Great Growth Prospects And A 5% Dividend Yield
PJSC Polyus ADR
Some mining companies have huge projects with great economics but poor location. The great mineral deposits are often located in dangerous and unstable countries which weighs heavily on the share prices. In some cases, the country is safe and stable, but foreign investors are afraid of various less or more probable scenarios in the future. This is also the main factor that keeps shares of Polyus Gold (OTCPK:OPYGY) (OTC:PGILF) at relatively low levels compared to its peers.
Polyus Gold is a Russian gold mining company that belongs among the biggest