Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / OPYGY - Polyus: Paper Losses Spoil Real Profits


OPYGY - Polyus: Paper Losses Spoil Real Profits

Photo source: Polyus; image made by Author

There are three things you can watch forever: fire burning, water falling, and Polyus (OTCPK:OPYGY) recognizing paper losses because of its faulty hedging strategy. The company persistently hedges against the dollar and will keep losing money on this.

In the meantime, the coronavirus threat to the production has gone for now, partially because a significant part of employees at the Olimpiada mine now has anti-bodies due to not especially caring attitude of the management.

The stock isn't in a cheap zone, and the short-term outlook for

Read more ...

Stock Information

Company Name: PJSC Polyus ADR
Stock Symbol: OPYGY
Market: OTC
Website: polyus.com

Menu

OPYGY OPYGY Quote OPYGY Short OPYGY News OPYGY Articles OPYGY Message Board
Get OPYGY Alerts

News, Short Squeeze, Breakout and More Instantly...