|Bid||0.00 x 3224000|
|Ask||9.50 x 694800|
|Day's Range||6.77 - 6.95|
|52 Week Range||6.25 - 9.00|
|PE Ratio (TTM)||6.88|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.12|
Pavel Maslovskiy, one of the founders of Petropavlovsk (POG.L), hopes to return as CEO later this year in the latest twist in a long-running battle for control at the Russian gold miner. Maslovskiy stepped down last year after a shareholder revolt ousted another co-founder, British businessman Peter Hambro. Kazakh entrepreneur Kenges Rakishev, who is now the company's largest shareholder after buying a stake from Russian billionaire Viktor Vekselberg in December, also wants Maslovskiy back at the helm.
The battle for some of Russia’s richest gold mines has an unusual cast of characters: the scion of one of Europe’s great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders. For the second time in a year, the company is in the middle of a shareholder coup to throw out the board and revive its fortunes. A decade ago, Petropavlovsk was worth $3 billion and was mentioned as a future member of the benchmark FTSE 100 Index, but sinking gold prices and management missteps reduced it to a penny stock.
Investors are always looking for growth in small-cap stocks like Petropavlovsk PLC (LSE:POG), with a market cap of UK£231.26M. However, an important fact which most ignore is: how financially healthyRead More...
Petropavlovsk PLC (LSE:POG) trades with a trailing P/E of 7.7x, which is lower than the industry average of 12.3x. While this makes POG appear like a great stock to buy,Read More...
Kazakh businessman Kenges Rakishev, who owns just over a fifth of Russian miner Petropavlovsk (POG.L), said the company should sell its 31.1 percent stake in Hong Kong-listed iron ore company IRC to focus exclusively on gold. Rakishev, who bought a 22 percent stake in Petropavlovsk in December, has said his near-term focus is on bringing back former CEO Pavel Masklovskiy to continue work on a project to boost the company's output. After that, he would seek acquisitions, not just in Russia, but in central Asia, and he said shareholder value would be increased if Petropavlovsk sold its stake in IRC, which has a market capitalisation of around $200 million.
Petropavlovsk PLC (LSE:POG), a metals and mining company based in United Kingdom, received a lot of attention from a substantial price movement on the LSE in the over the lastRead More...
Petropavlovsk PLC’s (LSE:POG) most recent return on equity was a substandard 8.54% relative to its industry performance of 9.36% over the past year. Though POG’s recent performance is underwhelming, itRead More...