Polymetals's Revenue Outlook 'Extraordinary' for a Small-Cap Stock -- Market Talk

Dow Jones07:08

Polymetals Resources's revenue outlook is "extraordinary for a company with a current market capitalization of A$280 million," Shaw & Partners says. The bank starts Polymetals at buy, with a A$1.62/share price target. Polymetals owns the Endeavor silver, lead, and zinc mine. Once a stalled asset, it has become a high-margin silver-zinc producer. "By successfully restructuring an onerous 100% silver royalty that had hamstrung the project for 20 years, Polymetals has unlocked the economic value of its high-grade silver ore," analyst Peter Kormendy says. At current prices, silver from the mine could generate more than A$700 million in gross revenue over the next three years, Shaw says. "And that is before counting the zinc and lead credits that come with the ore," it adds. Polymetals ended Monday at A$0.895. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

April 27, 2026 19:08 ET (23:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment