Mechel Shares Halted; NYSE To Suspend Trading Immediately In Co., Commence Delisting Proceeding
$MTL
Steel/Iron Ore
Basic Industries
Mechel Shares Halted; NYSE To Suspend Trading Immediately In Co., Commence Delisting Proceeding
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/6/2021 | $14.50 | Market Perform → Outperform | Raymond James |
| 10/29/2021 | $15.00 → $14.00 | Outperform | RBC Capital |
MOSCOW, RUSSIA / ACCESSWIRE / May 31, 2022 / Mechel PAO (NYSE:MTL)(MOEX:MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 30, 2022.The Board of Directors made the following recommendations to the general meeting of Mechel PAO's shareholders:to elect to Mechel PAO's Board of Directors:Igor V. ZyuzinOleg V. KorzhovGeorgy G. PetrovAlexander N. KotskyAlexander D. OrishchinIrina N. IpeevaYuriy N. MalyshevIvan F. GlumovNelli R. Galeevanot to pay an annual dividend with respect to both ordinary and preferred shares.The annual general meeting of shareholders will be held on June 30, 2022 by absentee balloting.Filled vo
MOSCOW, RUSSIA / ACCESSWIRE / March 1, 2022 / Mechel PAO (MOEX:MTLR)(NYSE:MTL), a leading Russian mining and steel group, announces financial results for the FY 2021.Consolidated Results for the FY'2021Mechel PAO's Chief Executive Officer Oleg Korzhov commented:"The Group's consolidated revenue in 2021 amounted to 402.1 billion rubles, up by 51% year-on-year. EBITDA was 118.9 billion rubles, demonstrating a 190% growth year-on-year. EBITDA margin was 30%, doubling the EBITDA margin of 2020."Favorable trends on steel and metallurgical commodity markets was the key driver for the improvement of the Group's financial results. On average, the prices for our facilities' steel products went up by
MOSCOW, RUSSIA / ACCESSWIRE / November 18, 2021 / Mechel PAO ((MOEX:MTLR, NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 3Q 2021 and 9M 2021.Consolidated Results for the 3Q'2021 and 9M'2021Mechel PAO's Chief Executive Officer Oleg Korzhov commented:The Group's consolidated revenue in 3Q2021 amounted to 102.9 billion rubles, down 5% quarter-on-quarter. EBITDA was 31.9 billion rubles, also down 5% quarter-on-quarter. EBITDA margin remained at 31%."The decrease in our steel division's financial results made the main influence on the dynamics of the Group's results. This year's third quarter was characterized by weaker trends on the steel market. As expo
SC 13D/A - Mechel PAO (0001302362) (Subject)
SC 13D/A - Mechel PAO (0001302362) (Subject)
SC 13D/A - Mechel PAO (0001302362) (Subject)
MOSCOW, RUSSIA / ACCESSWIRE / August 18, 2022 / Mechel PAO ((MOEX:MTLR, NYSE:MTL), one of the leading Russian mining and metals companies, reports 1H2022 and 2Q2022 operational results.Mechel PAO's Chief Executive Officer Oleg Korzhov commented on the results:"The upward trend for average commodity and steel product prices, which began in 2021, also persisted in 1Q2022, but started to weaken gradually in 2Q2022. In July-August prices continued to slump. We consider the positive price dynamics early in the year a result of resurging global demand following several waves of the coronavirus pandemic."The investment program aimed at upgrading the mining equipment led to increased mining volumes
MOSCOW, RUSSIA / ACCESSWIRE / May 31, 2022 / Mechel PAO (NYSE:MTL)(MOEX:MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 30, 2022.The Board of Directors made the following recommendations to the general meeting of Mechel PAO's shareholders:to elect to Mechel PAO's Board of Directors:Igor V. ZyuzinOleg V. KorzhovGeorgy G. PetrovAlexander N. KotskyAlexander D. OrishchinIrina N. IpeevaYuriy N. MalyshevIvan F. GlumovNelli R. Galeevanot to pay an annual dividend with respect to both ordinary and preferred shares.The annual general meeting of shareholders will be held on June 30, 2022 by absentee balloting.Filled vo
MOSCOW, RUSSIA / ACCESSWIRE / May 20, 2022 / Mechel PAO (NYSE:MTL) (MOEX:MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 20, 2022.The Board of Directors made the following decisions:The annual general meeting of shareholders will be held on June 30, 2022 by absentee balloting.The list of persons entitled to take part in the annual general shareholder meeting will be made based on the data in the Mechel PAO Shareholders' Register as of June 6, 2022.Filled vote bulletins may be mailed to 125167, Moscow, Krasnoarmeiskaya St, 1, Mechel PAO.Bulletins in electronic form may be filled at the following Internet addre
15F-12B - Mechel PAO (0001302362) (Filer)
POSASR - Mechel PAO (0001302362) (Filer)
6-K - Mechel PAO (0001302362) (Filer)
Raymond James upgraded Mullen Group from Market Perform to Outperform and set a new price target of $14.50
RBC Capital reiterated coverage of Mullen Group with a rating of Outperform and set a new price target of $14.00 from $15.00 previously
MOSCOW, RUSSIA / ACCESSWIRE / August 30, 2021 / Mechel PAO ((MOEX: MTLR, NYSE:MTL), one of the leading Russian mining and metals companies, reports the appointment of Andrey Pasynich as chief executive officer of Mechel Mining Management Company OOO. He replaces Igor Khafizov who left the company."Andrey is a real mining professional, he proved it with his achievements. We now aim to consolidate Mechel's position on the domestic and international coal markets and use our mining facilities' potential, put in by the previous chief Igor Khafizov, to maximum efficiency. I sincerely wish Andrey success on this new position of trust."Igor Khafizov made an invaluable contribution to Mechel Group's
Upgrades SVB Leerink upgraded the previous rating for Moderna Inc (NASDAQ:MRNA) from Underperform to Market Perform. Moderna earned $5.24 in the second quarter, compared to $6.46 in the year-ago quarter. The stock has a 52-week-high of $249.42 and a 52-week-low of $115.03. At the end of the last trading period, Moderna closed at $118.38. For Farmers & Merchants Bancorp Inc (NASDAQ:FMAO), Piper Sandler upgraded the previous rating of Underweight to Neutral. For the third quarter, Farmers & Merchants had an EPS of $0.68, compared to year-ago quarter EPS of $0.53. The stock has a 52-week-high of $42.13 and a 52-week-low of $25.17. At the end of the last trading period, Farmers & Merchants cl
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