Earnings Alerts

KGHM Polska Miedz SA (KGH) Earnings Rise: October Copper Sales Surge 6.9% Year-on-Year

By November 26, 2024 No Comments
  • KGHM sold 63,700 tonnes of copper in October 2024.
  • This is a 6.9% increase compared to the 59,600 tonnes sold in October the previous year.
  • Copper output for KGHM reached 61,500 tonnes in October 2024.
  • This output represents a 4.8% increase year-on-year.
  • Among analysts, there are 5 buy recommendations, 4 hold recommendations, and 3 sell recommendations.

A look at KGHM Polska Miedz SA Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

KGHM Polska Miedz SA, a company producing copper and silver in Europe, has received mixed reviews in terms of its long-term outlook based on Smartkarma Smart Scores. While the company scores well in terms of value, indicating its stock may be undervalued, its dividend and momentum scores are lower, suggesting potential weaknesses in these areas. However, KGHM Polska Miedz SA shows promise in terms of growth and resilience, with moderate scores in these categories. Investors may need to carefully weigh these factors when considering the company’s future prospects.

In summary, KGHM Polska Miedz SA is a European mining company specializing in the production of copper and silver. Its product range includes copper cathodes, wire rod, cast billets, and refined silver, catering to various industries and consumer markets. Despite facing some challenges in terms of dividends and momentum, the company’s strength in value, growth, and resilience indicates a potential for long-term growth and stability in its market sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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