KGHM Polska Miedź (KGH) Stock Price, Fundamentals & Analysis

What KGH does

KGHM Polska Miedź (KGH) is a stock listed on the Warsaw Stock Exchange that operates in the copper mining and metals sector. The company explores and mines copper, nickel, precious metals, and non-ferrous metals across mines in Europe, Asia, Australia, Africa, and the United States. Its product range includes copper cathodes, wire rod, and granules, as well as silver, gold, molybdenum, rhenium, nickel, lead, sulphuric acid, copper and nickel sulphate, selenium, platinum, palladium, and rock salt products. KGH is part of the WIG20 index and has a portfolio of international mining assets, with headquarters in Lubin, Poland, and approximately 34,349 employees.

Key numbers explained

• The current price is 330.5 PLN, down 1.59% today, with a 52-week range of 154.1 – 396.4 PLN and a one-year price increase of 109.9%.
• The trailing P/E ratio of 7.6 compares the current price to the last twelve months of earnings; the forward P/E ratio of 15.4 uses expected future earnings, showing how the market values growth versus current results.
• The dividend yield of 0.45% reflects the annual dividend relative to the share price, with 3% of trailing earnings paid out and an ex-dividend date of Jun 24, 2026.
• Earnings per share (trailing 12 months) is 43.43 PLN, meaning each share earned that amount over the last year.
• The beta of 1.34 indicates the stock tends to move about 34% more than the overall market, a measure of price volatility.
• Return on equity of 24.2% shows how effectively the company generates profit from shareholders' capital, while the debt-to-equity ratio of 14.8% indicates a relatively low level of debt compared to equity.
• Price-to-book of 1.66 compares the market price to the company's book value per share, a common way to assess whether a stock trades at a premium or discount to its net assets.

What to watch

KGH's performance is tied to global copper and metals prices, mining production costs, and geopolitical factors affecting its international operations. Investors often monitor the upcoming earnings release on Nov 18, 2026, for updates on margins and production. The company's exposure to multiple continents means currency fluctuations and regulatory changes in mining jurisdictions can matter. For broader context, KGH is part of the Warsaw Stock Exchange stocks universe, and peers in the mining space include Mineral Resources (MIN), Genesis Minerals (GMD), and Aneka Tambang Tbk. (ANTM).