GMKN.ME - Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel

MCX - MCX Real Time Price. Currency in RUB
11,289.00
-141.00 (-1.23%)
As of 4:24PM MSK. Market open.
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Previous Close11,430.00
Open11,423.00
Bid11,295.00 x 1500
Ask11,300.00 x 100
Day's Range11,286.00 - 11,423.00
52 Week Range8,824.00 - 12,144.00
Volume61,521
Avg. Volume158,057
Market Cap17.864T
Beta (3Y Monthly)N/A
PE Ratio (TTM)871.74
EPS (TTM)N/A
Earnings DateAug 13, 2018 - Aug 17, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est205.88
  • Reuters2 months ago

    Electric car bets boosting nickel demand, Nornickel says

    Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal, Russian mining company Norilsk Nickel said on Monday. Nornickel, the world's second-largest nickel producer, said demand for the metal from the battery sector leapt 38 percent in the first half of this year versus the same period last year. Along with demand from the stainless steel sector, this helped boost prices to $15,750 per tonne in June, their highest in over four years, the company said, with the battery sector accounting for 5 percent of total global nickel demand.

  • Reuters2 months ago

    Russia's Nornickel reports core earnings up despite sanctions

    Russia's Norilsk Nickel (Nornickel) posted a 77 percent leap in first-half core earnings, with strong global prices offsetting the impact of U.S. sanctions on the company's co-owner. The results mark the first test of Nornickel's financial health since the United States imposed sanctions in April on aluminium giant Rusal, which holds a 27.8 percent stake in the company. At $3.1 billion, Nornickel's first-half earnings before interest, tax, depreciation and amortisation (EBITDA) beat expectations.

  • Reuters2 months ago

    MEDIA-Kremlin aide says Russian mining firms "need to share" - Vedomosti

    * Kremlin economic aide Andrei Belousov, whose proposal to raise 500 billion roubles ($7.5 billion) a year from metal and mining firms is to be considered by Russian President Vladimir Putin, said the companies "need to share", according to Vedomosti newspaper. * "It is sensible to create a mechanism permitting the extraction from commodities exporters of a part of their additional revenues, which they are receiving as a result of the weakening rouble... and growth of global prices on their products," Vedomosti cited Belousov as saying. * The mechanism is needed in order to share the tax burden fairly, Belousov is quoted as saying.

  • Reuters2 months ago

    Rouble, caught in "perfect storm", sinks to lowest since mid-2016

    The Russian rouble sank to its lowest level since early June 2016 on Friday, battered by concerns over the impact of new U.S. sanctions, falling oil prices and a broadly stronger dollar. "The Russian currency has been caught in a perfect storm of weakening crude oil prices and the new US sanctions, in addition to the threat of even tougher punitive measures in the coming months," said Lilit Gevorgyan, an economist at IHS Markit. The United States announced new measures on Wednesday targeting Russia that pushed the rouble sharply lower and sparked a wider sell-off over fears Russia was locked in a spiral of never-ending sanctions.

  • Reuters4 months ago

    London court backs Deripaska in battle of Russian tycoons

    LONDON/MOSCOW (Reuters) - Russian tycoon Oleg Deripaska got a boost on Wednesday in a long-running battle for control of Norilsk Nickel when a high court judge ruled fellow investor Roman Abramovich did not have the right to sell shares in the miner to a third businessman. Deripaska, who controls aluminium giant Rusal , wants to stop Abramovich from selling Norilsk Nickel (Nornickel) (GMKN.MM) shares to Russian businessman Vladimir Potanin, saying that would violate a 2012 shareholder agreement.

  • Reuters5 months ago

    Russian billionaires take boardroom battle to London High Court

    Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel (Nornickel) (GMKN.MM) by soccer club owner Roman Abramovich. Deripaska, making his first public appearance since being made a target of U.S. sanctions, wants to stop Abramovich selling Nornickel shares to another Russian billionaire Vladimir Potanin, saying it violates a 2012 shareholder deal. Deripaska, the co-owner of En+ (ENPLq.L) and Rusal that have also been targeted by U.S. sanctions, told the court he was "quite upset that Rusal's interests could be seriously damaged" when asked about discussions with Potanin.

  • Reuters5 months ago

    Russian billionaires take boardroom battle to London High Court

    Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel (Nornickel) (GMKN.MM) by soccer club owner Roman Abramovich. Deripaska, making his first public appearance since being made a target of U.S. sanctions, wants to stop Abramovich selling Nornickel shares to another Russian billionaire Vladimir Potanin, saying it violates a 2012 shareholder deal. Deripaska, the co-owner of En+ (ENPLq.L) and Rusal that have also been targeted by U.S. sanctions, told the court he was "quite upset that Rusal's interests could be seriously damaged" when asked about discussions with Potanin.

  • TheStreet.com6 months ago

    Soaring Nickel Prices Could Be Bad News for Electric Carmakers Like Tesla

    Nickel prices have known just one direction in the last week: up. The massive gains came amid sustained concerns that the nickel market, like the aluminum market, may face a supply shortage if the industry becomes the target of U.S. sanctions against Russia. Traders have expressed concern that Russian nickel producer Norilsk Nickel could soon be included in the sanctions, which have targeted Russian oligarchs and their businesses.

  • Reuters6 months ago

    Russian tycoon Deripaska withdraws from Nornickel board nomination

    Russian tycoon Oleg Deripaska has withdrawn his nomination candidacy to join the board of Norilsk Nickel, the mining firm said in a statement on Thursday. Deripaska had been nominated to join the board, ...

  • Reuters6 months ago

    Russian debt extends losses, CDS rise to 8-mth high

    Russia's 2043 sovereign dollar bond fell 4 cents to around 105.6 cents according to Tradeweb, while the June 2027 eurobond was down 2.5 cents to 94.9 cents, a record low. Corporate names also came under pressure, with Gazprom's August 2037 dollar bond down over 5 cents to 109 cents, according to Tradeweb, while Norilsk Nickel's September 2024 issue fell 1.3 cents to 93.3 cents.