QM · rank #2 · 2026-09-04

KGH

GPW · PLN · $18.59B (USD)

SignalStrong Buy5.0strength 5.0 / 10

verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Momentum 12-1 Return from 12 months ago to 1 month ago.	+173.49%
ROE TTM Return on equity, trailing 12 months.	+24.1%
Profit margin Net profit margin, trailing 12 months.	+20.0%
Market cap (USD) Size filter: > $300M required (USD-equivalent).	$18.59B
Anchor (recent) Close on 2026-08-05	$346.10
Anchor (far) Close on 2025-08-05	$126.55

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

KGHM Polska Miedz SA is an integrated copper and silver mining and smelting group with major assets in Poland and international operations in Chile and the US.

Rationale

Surging metal prices and improved operational efficiency have driven a 90% y/y H1 EBITDA increase, strongly reinforcing the model's 24.15% ROE and high momentum signals.

Material risks

1Direct exposure to highly volatile global copper and precious metal prices, which can rapidly compress profit margins and reverse recent earnings growth.
2High capital intensity and long-term reinvestment needs (PLN 4.1bn planned capex) coupled with environmental, taxation, and state regulatory risks in Poland and Chile.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI

Proceed

Claude

Caution

Gemini

Proceed