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Original Paper

UDC 336.6 © O.Yu. Kuzmina 1, M.E. Konovalova1, S.A. Zhironkin2, 3, M.A. Gasanov4, M.B. Mrkiach5, 2024

ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2024, № 9, pp. 42-46

DOI: http://dx.doi.org/10.18796/0041-5790-2024-9-42-46

Title

ASSESSMENT OF A MINING COMPANY'S INVESTMENT ATTRACTIVENESS (BASED ON THE CASE STUDY OF RASPADSKAYA (PJSC)

Authors

O.Yu. Kuzmina 1, M.E. Konovalova1, S.A. Zhironkin2,3, M.A. Gasanov4, M.B. Mrkiach5

1 Samara State University of Economics, Samara, 443090, Russian Federation

2 Gorbachev Kuzbass State Technical University (KuzSTU), Kemerovo, 650000, Russian Federation

3 Siberian Federal University, Krasnoyarsk, 660041, Russian Federation

4 National Research Tomsk Polytechnic University, Tomsk, 634050, Russian Federation

5 University of Montenegro, Nikshich, 81000, Montenegro, e-mail: pisakina83@yandex.ru

Authors Information

Kuzmina O.Yu. – PhD (Economic), Associate Professor of the Department of Economic Theory, Samara State University of Economics, Samara, 443090, Russian Federation, e-mail: pisakina83@yandex.ru

Konovalova M.E. – Doctor of Economic Sciences, Head of the Department of Economic Theory, Samara State University of Economics, Samara, 443090, Russian Federation, e-mail: mkonoval@mail.ru

Zhironkin S.A. – Doctor of Economic Sciences, Professor of of the Department of surface mining, Gorbachev Kuzbass State Technical University (KuzSTU), Kemerovo, 650000, Russian Federation, Professor of of the Department of Trade and Marketing Siberian Federal University, Krasnoyarsk, 660041, Russian Federation, e-mail: zhironkin@tpu.ru

Gasanov M.A. – Doctor of Economic Sciences, Professor of Business School of National Research

Tomsk Polytechnic University, Tomsk, 634050, Russian Federation, e-mail: hursud1@yandex.ru

Mrkiach M.B. – PhD (Philology), Lecturer at the Department of Philology, University of Montenegro, Nikshich, 81000, Montenegro, e-mail: milena_mrkaic@yahoo.com

Abstract

Any company that has entered the market is seeking for funding sources. This challenge is especially critical for large-scale businesses, which often rely on issuing financial instruments on the stock market as a source of growth. Having offered their assets as shares and bonds, the company is supposed to maintain their high investment attractiveness, otherwise it is possible not only to lose the received investment funds, but also to fall short of the future flow of assets, which may later result in the loss of the business itself. The issue of maintaining investment attractiveness is relevant for large companies in the mining sector, which position was affected by the sanctions pressure. The article discusses a number of methods to assess investment attractiveness using the case study of Raspadskaya PJSC and makes conclusions on the need to adjust the company’s policy in order to increase its appeal to investors.

Keywords

Investment attractiveness, mining sector, macroeconomic indicators, market value, fair value of the company.

References

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For citation

Kuzmina O.Yu., Konovalova M.E., Zhironkin S.A., Gasanov M.A., Mrkiach M.B. Assessment of a mining companys investment attractiveness (based on the case study of Raspadskaya (PJSC). Ugol’. 2024;(5):42-46. (In Russ.).

DOI: 10.18796/0041-5790-2024-9-42-46.

Paper info

Received July 24, 2024

Reviewed August 15, 2024

Accepted August 26, 2024

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