|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.55 - 34.99|
|52 Week Range||23.23 - 38.21|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||16.30|
|Forward Dividend & Yield||2.26 (6.55%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||N/A|
The Global Palladium Fund, established by PJSC MMC Norilsk Nickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has issued the first tokens involving metal contracts to its major industrial partners Traxys SA and Umicore SA, setting the stage for the new era of digital transactions, which will optimize supply chain efficiency and transparency.
In an opening speech of the MMC Norilsk Nickel Capital Markets Day, Vladimir Potanin, Company's President, announced a set of new initiatives, including doubling the production output, greater focus on support for regional development, the introduction of a digital ecosystem and other significant goals. Mr. Potanin also acknowledged the toll that the events of 2020 have taken on the Company and on the world, referring to the COVID-19 pandemic and the ensuing global economic crisis. The year has been a difficult one for the Company in operational terms as well, in light of a series of accidents, but Nornickel remains fully committed to resolving all related issues.
MOSCOW / ACCESSWIRE / September 30, 2020 / PJSC MMC Norilsk Nickel (OTC PINK:NILSY), the world's largest producer of palladium and high-grade nickel, as well as a major producer of platinum and copper, signed a cooperation agreement with three organizations representing over 90% of the indigenous minorities living in the north of Russia and its Far East.