Share Name Share Symbol Market Type Share ISIN Share Description
Kaz Minerals LSE:KAZ London Ordinary Share GB00B0HZPV38 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +10.50p +1.29% 825.00p 823.00p 824.50p 839.00p 820.00p 822.50p 1,407,843 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 620.3 178.2 32.4 27.3 3,685.24

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Date Time Title Posts
17/7/201715:36KAZAKHMYS - 2006122
24/2/201108:16*** Kazakhmys ***3

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Kaz Minerals Daily Update: Kaz Minerals is listed in the Mining sector of the London Stock Exchange with ticker KAZ. The last closing price for Kaz Minerals was 814.50p.
Kaz Minerals has a 4 week average price of 736.50p and a 12 week average price of 690.50p.
The 1 year high share price is 893p while the 1 year low share price is currently 340.90p.
There are currently 446,695,635 shares in issue and the average daily traded volume is 1,910,961 shares. The market capitalisation of Kaz Minerals is £3,685,238,988.75.
kenmitch: ali47 fish. I/C. Not always bad., e.g Simon Thompson their small companies specialist writer is superb and finds endless small company bargain priced shares that do very well. But some of their other staff are inexperienced, and that could well be the case with whoever did the write up on KAZ which I haven't read yet. Brokers are often wrong and detailed research has shown that the best way to do well is to do the opposite of what they say! Fact is nearly every broker had KAZ as a sell even when the price crashed to a crazy 70p. Some have switched to buy but most only AFTER the share had QUADRUPLED or more! Here's one example. Liberum have said SELL KAZ with A £1 target price all the way up to £7+. Recently they upgraded - still saying sell - to £1.25p. Why does anyone take such nonsense seriously? Why take any notice of broker buy/sell advice except if big one day share price fall on a sell note to buy, and if big share price rise on a buy, to top slice and look to get back in again cheaper. KAZ could continue to do very well but not so clear cut now as it was when at barmy too low price and that despite their two low cost copper mines then being built, on time or ahead of schedule and within expected costs. And now they are both up and running and results yesterday were excellent. KAZ is volatile so best to look for a dip and then buy some. KAZ often moves up and down with the copper price. As long as China doesn't implode and with copper shortage forecast and KAZ a very low cost and now very big producer the shares might in time surpass previous all time high around £20. And that was when KAZ was nowhere near as good a company as it is now. KAZ is now around 140th largest company so if share price gains continue could get back in to the FTSE100 in time and so get tracker fund buying. Obviously if mining sector turns down, so will KAZ. But all the current signs are that the bull market in Mining shares will continue to run. Hope that answers you question.
3rd eye: Kaz Minerals offers a buying opportunity on this dip By Gary Newman | Sunday 13 August 2017 Kaz Minerals (KAZ) is a great example of the extent that commodity prices can effect larger miners, and the recovery in copper prices has seen the share price trading at multiples of where it was just 18 months ago. When copper hit lows of $2/lb, Kaz was looking very weak with large amounts of debt and was making a net loss, and as a result its share price was only at around the 100p level as recently as the start of 2016. That is in stark contrast to today, where copper prices are nudging the $3/lb level and the shares are trading at around 663p to buy, with a market cap of nearly £3 billion. Of course that recovery could reverse if copper was to plummet once again, but currently it is showing no signs of weakness, and in coming years many are expecting prices to strengthen even more. Having watched a share price on a company of this size rise so much in such a short space of time, I can see why some may have concerns about buying shares at current prices, but recently it has shown a fairly strong uptrend from the high 400s it was trading at towards the end of June. At the end of last week it did experience a fairly sharp drop, with nearly 10% wiped off over the space of a couple of days, but rather than viewing that as a sign of weakness, I see it as offering a buying opportunity, even if just for a trade. Interim results, up to the end of June, are out on Friday, and given the level copper has been trading at during that period I would expect a fairly decent set of financials, certainly showing an improvement on the previous ones. We’ve already had the production report for that period, which showed that production more than doubled to 118kt as the result of a ramp up in operations, and Q2 contributed 66kt to that total, showing the continued growth that is being achieved from its operations in Kazakhstan. Full year guidance is for 225-260kt, and the company is on track to deliver that. It wasn’t just copper which performed well for the company, with gold production also more than doubling to 93koz, and given current strength in prices for the metal, that bodes very well for the future. The Aktogay operation has performed better than had been expected and we should see a strong performance in H2 which will put the company online to achieve the 65-85kt that it is hoping for. Bozshakol has also seen rapid production growth and is expected to be at full capacity in H2, as well as having had a large increase in the amount of gold it is producing. Its other operations at Bozymchak and East Region have seen a reduction in copper and zinc output, but are still inline with guidance, and silver and gold are expected to be towards the top end of expectations for the year. During 2016 the company generated revenue of $766 million and that resulted in a net profit of $177 million, despite copper prices being generally weak, as a result of significant cost reductions. One concern you might have here is the level of debt, which stood at neary $2.7 billion at the end of 2016, but the company does seem to have that under control and recently extended its pre-export finance loan facility maturity until June 2021, as well as increasing it by $600 million – at the end of 2016 it did have over $1.1 billion in cash and equivalents, although that would have reduced due to capex on operations in the meantime. The success of Kaz moving forwards really all comes down to the price of copper, and if, like me, you are still bullish on the metal, then I think this company is well worth a look at the current price, although should copper start to take a tumble I’d be looking to get out, as it is very geared towards that. hxxps://
umitw: KAZ share price was 530p when Cu was trading @ 2.6Now Cu is at 2.59 KAZ share price is 479p.Does $1 really make that much difference to the share price?I think not.!Conclusion: KAZ share price moves independently from copper prices, but it goes down Considerably more when the copper loses its stance.
umitw: Rampant if there was a profit warning KAZ share price will probably halve from this point!!:-)
umitw: If Cu is up 30%, KAZ share price will probably be up 30% as well from this level imv! -:)
umitw: Cu is up 1% this morning, see what KAZ share price does?
andyb02: I was posting my, *short-term thoughts*, on the KAZ share price and it's battle today with the 3 year high hit on the 26th January, the battle hasn't been won, yet, but feel it needs to break to get another run up. I'm not authorized to give financial advice - so please don't consider my post to sell/hold or buy your KAZ holding
seball: With a rebound in copper price, Kaz share price has not reacted as strongly as other miners. Expecting this to rise quickly as share price plays catch up.
bobsidian: It was impressive to see the KAZ share price driven up to hit £1.50 on Friday - a level at which there may be, from a technical perspective, some near term resistance. Eyes will no doubt be upon the price of copper. Its chart suggests it may be about to make a sustained move higher. Were that to come to pass then the share price of KAZ may continue its recovery. It was surprising to see the mining index drive up through its August and September trading highs on Friday. But then look back at October 2008. Then the mining index rebounded in excess of 50% from its low before reversing all the way back down in November 2008. If history is to be a guide then the move higher in the mining index may still have some further upside beyond its 30%+ recovery since its September low. Subsequent to the announcements out of GLEN over the course of the last couple of weeks, I do suspect that there may be some newsflow to come out of BLT and RIO surrounding the possibility of scaling back some of its mining operations. And I also have a suspicion at least one significant mining entity which underwent debt covenant testing at the end of September may announce a technical breach of the same in the near future. Some thought VED would be the entity to make such an announcement. But on Friday its management announced that they were confident it would pass any such testing. But I do agree it seems "criminal" the way the share price of KAZ was driven down - particularly given that the testing of its main debt covenants had been suspended and that the next testing of its export facility covenant was scheduled for the end of June 2016.
kenmitch: Losses. That write down is probably mostly in the share price now, so even a low priced bid shouldn't hit the KAZ share price hard as the market is assuming a very low bid around 260p. As pointed out by Danny Forston in The Sunday Times recently, if the bid goes through KAZ will pocket about £590 million in (much needed) cash. KAZ will also get 77 million of its own shares which KAZ would cancel, bringing in another £250 million, making KAZ £840 million better off. Also pointed out was the news last February that KAZ is in talks about disposing of its 50% stake in Kazakhstan's largest power plant. Estimates of its value go from £750 million to £1.2 billion. Even the lower figure would see KAZ get around £1.6 billion in cash and shares uplift in the next few months. Compare that with the current market cap of £1.7 billion. And there is still a slight chance that the ENRC bid will be higher than 260p. So if both these go through the upside looks very large. And that's before taking in to account that the whole sector has had a terrible time and that won't last for ever. Even a sniff of better news from China and the sector could take off. The biggest problem imo would be if the bid for ENRC collapses as that could mean ENRC shares taking yet another hit and with KAZ then holding a stake in ENRC worth even less than now, so presumably the KAZ share price would then fall further as the market has certainly not priced in the bidders walking away. And if the power station sale doesn't go through either THEN there is considerable further downside potential for KAZ. So a nervous week ahead but given good news this week, and I reckon the ENRC bid going through at around 260p will be good news as long as the terms are as rumoured with quite a lot in cash. And the KAZ share price rising a lot might start straight away.
Kaz Minerals share price data is direct from the London Stock Exchange
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