Lenzoloto pref.

Company Description

Lenzoloto, PAO is a Russian mining company that specializes in gold extraction. The company was founded in 1991 and is headquartered in the city of Yakutsk in Eastern Russia. Lenzoloto holds licenses for a number of gold mining sites across the country, including the Lenzolskoye, Itapki, and Kuytunskoye deposits.

In terms of financial performance, Lenzoloto has been profitable in recent years, with its revenue reaching 38.6 billion rubles in 2022. However, the company has faced some challenges in terms of shareholder value, with some investors urging the company to sell its remaining non-core assets.