Kazatomprom: Results for the First Half of 2025

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05.09.2025

1H 2025 Financial Results

Valuation update for JSC NAC Kazatomprom following the 1H 2025 financial results.

 

Based on our model, we have raised the target price to $52 per share, implying a 16% potential upside from the current market price, with a “Buy” recommendation.