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Nyrstar shares rally as higher zinc prices, premiums, help to trim loss in H1
July 24, 2014 - 11:09 GMT
Nyrstar’s shares rose as much as 4.4% on Thursday July 24 after the Brussels-listed zinc producer recorded a narrower loss for the first half of the year, supported by rising zinc prices, premiums and treatment charges.
Nyrstar’s shares rose as much as 4.4% on
Thursday July 24 after the Brussels-listed zinc producer
reported a narrower loss for the first half of the year,
supported by rising zinc prices, premiums and treatment
charges. As zinc prices have rallied to three-year highs,
investors have grown more optimistic about the prospects for
the smelting and mining group, which has been loss-making since
2012. At an intraday high of €3.10 ($4.17), the
company’s shares were up 4.4% on the day and up by
more than a third from lows seen at the start of July. In the
first half, the group’s marketing,...
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