Support The Moscow Times!

Severstal Gold Valuated

Severstal Gold, a unit of Russia’s largest steelmaker, is worth as much as $3.6 billion based on production and earnings estimates compared with peers, Nomura said Thursday.

A  presentation by Severstal Gold   “may indicate the company has started some pre-IPO investor education,” analysts Vladimir Zhukov and Valentina Bogomolova said.  

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.