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POYYF / Polymetal International sees boost in Russian demand for gold; reassures on Russia sanctions

Polymetal International PLC (LSE:POLY) said it has seen a boost in demand for gold from retail customers in Russia who are moving their cash into a traditional safe-haven asset. In a business update, the company sought to reassure investors that its business has not been materially affected by Western sanctions on Russia for its invasion of Ukraine, reiterating its current production guidance of 1.7mln oz of gold equivalent for the 2022 financial year. Read More

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Content Topics

Polymetal

International

Sees

Boost

Russian

Demand

Gold

Reassures

Russia

Sanctions

Stock

POYYF

Posted: Mar 30 2022, 04:53

Author Name: Proactive Investors

POYYF News

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Polymetal International plc (POYYF) Q3 2022 Earnings Call Transcript

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By Seeking Alpha
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Despite huge operational challenges, Polymetal International is performing satisfactorily and is significantly undervalued. The big unknown in the bac

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