KGHM Polska Miedz (KGHPF) to Release Quarterly Earnings on Wednesday

KGHM Polska Miedz (OTCMKTS:KGHPF) is expected to be announcing its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of $2.93 per share and revenue of $3.2066 billion for the quarter.

KGHM Polska Miedz Stock Performance

OTCMKTS:KGHPF opened at $87.00 on Wednesday. The firm’s 50-day moving average is $80.34 and its 200-day moving average is $74.10. KGHM Polska Miedz has a 52-week low of $32.15 and a 52-week high of $107.55.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KGHPF. Citigroup downgraded KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research report on Monday, February 16th. Morgan Stanley restated an “overweight” rating on shares of KGHM Polska Miedz in a research report on Monday, April 27th. Finally, UBS Group upgraded KGHM Polska Miedz to a “buy” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.