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OPYGY PJCS Polyus (CE)

21.00
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
PJCS Polyus (CE) USOTC:OPYGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 21.00 0.00 01:00:00

Polyus 1Q Earnings Fell on Lower Production, Sales

27/05/2021 7:43am

Dow Jones News


PJCS Polyus (CE) (USOTC:OPYGY)
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By Jaime Llinares Taboada

 

Polyus PJSC on Thursday reported lower revenue and earnings for the first quarter of the year, reflecting weaker production and sales.

The Russian gold miner said adjusted earnings before interest, taxes, depreciation and amortization fell 35% to $739 million in the first quarter of 2021, compared with $1.14 billion in the fourth quarter of 2020.

Revenue decreased 32% to $1.02 billion, due to a decline in refined gold volumes and the absence of sales of flotation concentrate during the quarter. Gold prices slipped 4% to $1,788 per ounce.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

May 27, 2021 02:35 ET (06:35 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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