Belon Oao traded at 28.26 this Tuesday April 9th, decreasing 0.44 or 1.53 percent since the previous trading session. Looking back, over the last four weeks, Belon Oao lost 0.32 percent. Over the last 12 months, its price fell by 3.32 percent. Looking ahead, we forecast Belon Oao to be priced at 27.25 by the end of this quarter and at 24.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Belon OAO (Belon OJSC) is a Russia-based company, which is engaged in the coal mining and refining, as well as metal trading. Belon OAO specializes in the extraction and process of thermal and coking coal, as well as sale of coal and coal concentrate. In addition, it is involved in the provision of such services as: geology survey, maintenance and repair of mining equipment and freight transportation. The Company is active domestically, mainly on the territory of the Chelyabinsk and Altai regions. It is a part of MMK Group OAO. In March 2013, the Company sold a 100% stake in Kombinat po Proizvvodstvu Shchebnya OOO. In November 2013, it acquired a 100% stake in Novobachatskiy-2 OOO. In June 2014, it sold LLC Belon Metakon.