KGHM Polska Miedz S.A. (WSE:KGH)
| Market Cap | 67.73B +196.7% |
| Revenue (ttm) | 36.36B +3.0% |
| Net Income | 3.69B +28.6% |
| EPS | 18.44 +28.6% |
| Shares Out | 200.00M |
| PE Ratio | 18.37 |
| Forward PE | 10.32 |
| Dividend | 1.50 (0.44%) |
| Ex-Dividend Date | Jun 24, 2026 |
| Volume | 943,394 |
| Average Volume | 795,596 |
| Open | 337.00 |
| Previous Close | 338.65 |
| Day's Range | 333.40 - 357.90 |
| 52-Week Range | 117.00 - 396.40 |
| Beta | 1.23 |
| RSI | 68.12 |
| Earnings Date | May 13, 2026 |
About KGHM Polska Miedz
KGHM Polska Miedz S.A. engages in the exploration and mining of copper, nickel, precious metals, and non-ferrous metals in Poland and internationally. The company offers copper cathodes, wire rod, Cu - Ofe wire, Cu - Ag wire, and granules; silver and gold; molybdenum; rhenium; nickel; and lead, sulphuric acid, copper and nickel sulphate, and selenium products, as well as platinum, palladium, and rock salt products. It holds a portfolio of mines located in Europe, Asia, Australia, Africa, and the United States. The company was founded in 1961 an... [Read more]
Financial Performance
In 2025, KGHM Polska Miedz's revenue was 36.36 billion, an increase of 2.96% compared to the previous year's 35.31 billion. Earnings were 3.69 billion, an increase of 28.56%.
Financial StatementsNews
KGHM Polska price target raised to PLN 315 from PLN 310 at JPMorgan
JPMorgan raised the firm’s price target on KGHM Polska (KGHPF) to PLN 315 from PLN 310 and keeps a Neutral rating on the shares.
KGHM Polska price target raised to PLN 381 from PLN 345 at Morgan Stanley
Morgan Stanley raised the firm’s price target on KGHM Polska (KGHPF) to PLN 381 from PLN 345 and keeps an Overweight rating on the shares.
KGHM Polska price target lowered to PLN 310 from PLN 345 at JPMorgan
JPMorgan lowered the firm’s price target on KGHM Polska (KGHPF) to PLN 310 from PLN 345 and keeps a Neutral rating on the shares.
KGHM Polska downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Anna Antonova downgraded KGHM Polska (KGHPF) to Neutral from Overweight with a price target of PLN 310, down from PLN 345. The firm sees “mounting risks” to the
KGHM Polska price target lowered to PLN 345 from PLN 360 at Morgan Stanley
Morgan Stanley analyst Ioannis Masvoulas lowered the firm’s price target on KGHM Polska (KGHPF) to PLN 345 from PLN 360 and keeps an Overweight rating on the shares. Published first
KGHM Polska price target lowered to PLN 345 from PLN 360 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on KGHM Polska (KGHPF) to PLN 345 from PLN 360 and keeps an Overweight rating on the shares.
KGHM Polska upgraded to Buy from Neutral at UBS
UBS upgraded KGHM Polska (KGHPF) to Buy from Neutral with a price target of PLN 375, up from PLN 275. Uncertainty around the impacts of the Middle East conflict remains,
KGHM Polska Miedz Earnings Call Transcript: Q4 2025
2025 saw strong financial and operational results, driven by higher commodity prices, disciplined cost management, and significant contributions from foreign assets. Strategic investments and risk mitigation projects strengthened the group’s position, with stable outlook and continued focus on growth and diversification.
KGHM Polska downgraded to Sell from Neutral at Citi
Citi analyst Rafal Wiatr downgraded KGHM Polska (KGHPF) to Sell from Neutral with a PLN 209 price target The stock is already pricing in higher metals prices following the recent
KGHM Polska downgraded to Sell from Accumulate at Erste Group
Erste Group downgraded KGHM Polska (KGHPF) to Sell from Accumulate with a PLN 245.30 price target
KGHM Polska price target raised to PLN 345 from PLN 265 at JPMorgan
JPMorgan raised the firm’s price target on KGHM Polska (KGHPF) to PLN 345 from PLN 265 and keeps an Overweight rating on the shares.
KGHM Polska Miedz Transcript: EGM 2026
The EGM confirmed its legality and quorum, approved the agenda, and executed major changes to the Supervisory Board by dismissing four members and appointing four new ones. All resolutions, including covering meeting costs, were adopted by majority vote.
KGHM Polska upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded KGHM Polska (KGHPF) to Overweight from Neutral with a price target of PLN 265, up from PLN 190. The upgrade is part of the firm’s sector update post
KGHM Polska price target raised to PLN 229 from PLN 210 at Morgan Stanley
Morgan Stanley raised the firm’s price target on KGHM Polska (KGHPF) to PLN 229 from PLN 210 and keeps an Overweight rating on the shares.
KGHM Polska Miedz Earnings Call Transcript: Q3 2025
Stable copper prices and strong silver performance, combined with cost discipline, led to a 16% year-over-year rise in Adjusted EBITDA despite a 1% revenue dip. Sierra Gorda's output surged, while maintenance impacted domestic copper production.
KGHM Polska price target raised to PLN 190 from PLN 140 at JPMorgan
JPMorgan raised the firm’s price target on KGHM Polska (KGHPF) to PLN 190 from PLN 140 and keeps a Neutral rating on the shares.
KGHM Polska Miedz Earnings Call Transcript: Q2 2025
Group EBITDA rose 16% year-on-year, driven by strong international asset performance, while net profit fell 46% due to exchange rate impacts and higher amortization. Domestic production exceeded budget, and CapEx focused on mining infrastructure and water management.
KGHM Polska Miedz Transcript: AGM 2025
The meeting approved all financial statements, allocated 2024 profit to reserves, and adopted most governance and remuneration policy changes. Some board members did not receive discharge for 2024, and a key statute amendment failed to pass.
KGHM Polska price target raised to PLN 158 from PLN 156 at Morgan Stanley
Morgan Stanley analyst Ioannis Masvoulas raised the firm’s price target on KGHM Polska (KGHPF) to PLN 158 from PLN 156 and keeps an Overweight rating on the shares. Published first
KGHM Polska Miedz Earnings Call Transcript: Q4 2024
Adjusted EBITDA rose 25% year-over-year, with group EBITDA up 58% and net profit at PLN 2.87 billion. Strong cost control, improved segment performance, and strategic asset management supported results, while the company prepares for long-term growth amid market volatility.
KGHM Polska Miedz Earnings Call Transcript: Q3 2024
Stable production and financial growth marked the first nine months of 2024, with a 3% rise in copper output and 2% revenue growth, while Adjusted EBITDA surged 44% year-over-year. CapEx focused on mining development, and operational improvements drove cost efficiencies.
KGHM Polska downgraded to Sell from Hold at Erste Group
Erste Group downgraded KGHM Polska (KGHPF) to Sell from Hold with a PLN 122.40 price target