KAZ MINL PLC/ADR (OTCMKTS:KZMYY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of KAZ MINL PLC/ADR (OTCMKTS:KZMYY) from a sell rating to a hold rating in a research note issued to investors on Saturday morning, Zacks.com reports.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company’s operating segment consists of East Region Operations, Mining Projects and Bozymchak segments. It operates underground mines in the East Region of Kazakhstan and open-pit mine in Bozymchak, Kyrgyzstan and develops various mining projects situated at Bozshakol, Aktogay, and Koksay. KAZ Minerals PLC, formerly known as KAZAKHMYS LTD, is headquartered in London, the United Kingdom. “

Other equities analysts also recently issued research reports about the company. UBS Group upgraded KAZ MINL PLC/ADR from a neutral rating to a buy rating in a research report on Friday, April 12th. Goldman Sachs Group raised KAZ MINL PLC/ADR from a neutral rating to a buy rating in a report on Thursday, April 11th. Finally, ValuEngine cut KAZ MINL PLC/ADR from a hold rating to a sell rating in a report on Monday, March 11th.

OTCMKTS KZMYY opened at $3.76 on Friday. The firm has a 50 day moving average price of $3.54. KAZ MINL PLC/ADR has a 1-year low of $2.72 and a 1-year high of $5.85.

About KAZ MINL PLC/ADR

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in the east of Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.

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