Earnings Report /
Russia

Polyus: 3Q21 operating results – NEUTRAL-TO-POSITIVE

  • Polyus (PLZL.LI; O/W; $115.6/GDR) issued a 3Q21 trading update today

  • 3Q21 gold sales climbed by 12% q/q to $1,383 mn driven primarily by strong gold sales volumes

  • Among other highlights, management reiterated its FY21e total production guidance of 2.7mn oz

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Radmir Fattakhov
Radmir Fattakhov

Analyst, Metals & Mining

Alfa
28 October 2021
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