GMK Norilsk Nickel traded at 114.74 this Friday August 14th, decreasing 5.52 or 4.59 percent since the previous trading session. Looking back, over the last four weeks, Norilsk Nickel lost 11.25 percent. Over the last 12 months, its price fell by 12.13 percent. Looking ahead, we forecast GMK Norilsk Nickel to be priced at 110.79 by the end of this quarter and at 99.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
GMK Noril'skiy nikel' PAO is a Russia-based mining and metallurgical enterprise. The Company is engaged in the exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious metals produced from ore, such as gold, silver, nickel, palladium, platinum, rhodium, cobalt and others. The Company's operating segments include GMK Group, which includes mining and metallurgy operations, energy, repair and maintenance services located at Taimyr Peninsula; Group KGMK, which includes mining and metallurgy operations, energy, exploration activities located at the Kola Peninsula; Norilsk Nickel Harjavalta, which includes refinery operations located in Finland; other metallurgical, which includes other metallurgy operations and exploration activities, and other non-metallurgical, such as trading, supply chain management, transport services, energy and utility, research and other activities located in Russia and abroad.