Polymetal increased production by 2 in 2021%

AK&M 27 January 2022 16:34

Polymetal increased production by 2% to 1.677 million ounces in 2021. In the fourth quarter, gold equivalent production increased by 24% to 467 thousand ounces year-on-year. This is stated in the company's message.

Revenue last year remained stable and amounted to $2.9 billion. In the fourth quarter, revenue decreased by 6% to $0.8 billion due to lower metal prices.

Polymetal International plc is in the top 10 gold producers in the world and in the top 5 silver producers in the world with assets in Russia and Kazakhstan. The company combines significant growth rates with a stable dividend yield.