MTL - Shares of Mechel PAO American Depositary Shares (Each rep. 1) (MTL) Rise to a New 52-Week High
Mechel PAO American Depositary Shares (Each rep. 1) (NYSE:MTL) traded at a new 52-week high today of $2.74. So far today approximately 211,000 shares have been exchanged, as compared to an average 30-day volume of 272,000 shares.
In the past 52 weeks, Mechel PAO American Depositary Shares (Each rep. 1) share prices are bracketed by a low of $1.29 and a high of $2.74 and is now at $2.69, 109% above that low price.
Mechel PAO American Depositary Shares (Each rep. 1) (NYSE:MTL) is currently priced 97.8% above its average consensus analyst price target of $0.06.
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.
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