Petropavlovsk PLC (LSE:POG) is a small-cap-stock with a market capitalization of USD $283 Million. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which ...
With gold prices having recovered moderately throughout the third quarter but uncertainties remaining over where they will go next, I take today to impart a few observations on some of the UK's most popular precious metals producers.
Petropavlovsk Plc's chief executive officer expects higher gold prices to encourage mergers in the industry and sees “big potential” for the Russian miner to consolidate with billionaire Viktor Vekselberg's bullion unit.
Today, CapeView, which is run by former Deutsche Bank trader, Theo Panos, said it had taken a 5.3% stake in Petropavlovsk. The event-driven hedge fund focused on high yield and distressed debt is backed by a Goldman Sachs' private equity fund.