KGHM Polska Miedz (OTCMKTS:KGHPF) Shares Up 5.1% – Should You Buy?

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was up 5.1% on Monday . The company traded as high as $90.78 and last traded at $90.78. Approximately 151 shares were traded during trading, a decline of 91% from the average daily volume of 1,613 shares. The stock had previously closed at $86.35.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on KGHPF shares. 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 note on Thursday, November 20th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, KGHM Polska Miedz currently has an average rating of “Hold”.

KGHM Polska Miedz Price Performance

The business’s 50 day moving average is $84.78 and its 200-day moving average is $60.14.

About KGHM Polska Miedz

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.