Polymetal completed a feasibility study of Nezhda gold mine.

• The chart shows Polymetal share price movements since December 2017.
• The current share price is 715p (at time of writing).
• Shares -24.6% from 2018 highs; +23.2% from 2018 lows; -22.3% year-to-date
• Polymetal completed a feasibility study of the Nezhda mine and is going ahead with the project
• The gold mine has “long-life, high-grade asset with robust economics”
• Project has a lifespan of 25 years and is expected to start full production in 2022.
• Recent share price range: Oct lows 600p; Oct highs 750p.
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Polymetal – An Example

Let’s say you think that Polymetal is likely to rise as a result of this news. You decide to buy exposure to £10,000 worth of Polymetal using a CFD, at the current price of 715p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Polymetal share price rises by 10% following the news. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Polymetal shares fall back 5% and hits your stop-loss. Your loss would be £500

This is provided for information purposes only. It should not be taken as a recommendation.