Kaz Minerals Plc (NASDAQ:KZMYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Thursday.

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. “

Kaz Minerals Plc (NASDAQ KZMYY) opened at 4.83 on Thursday. Kaz Minerals Plc has a 1-year low of $2.45 and a 1-year high of $5.77. The company has a 50 day moving average of $1.39 and a 200 day moving average of $1.78. The firm has a market capitalization of $4.31 billion and a P/E ratio of 14.93.

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