This mine operation provides 2% of global supply so along with downgraded production forecasts through out Chile, Panama and Peru, the answer to your question is Yes.
Especially with demand set to increase as China ramps up industry post covid.
Increase demand x decreased supply= Rising commodity price
Assuming this was a rhetorical question
This mine operation provides 2% of global supply so along with...
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Last
3.7¢ |
Change
-0.004(9.76%) |
Mkt cap ! $56.41M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.7¢ | $355.6K | 9.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 250000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.8¢ | 131578 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
3.8¢ |
Change
-0.004 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.1¢ | 3.7¢ | 3697533 | ||
| Last updated 15.57pm 21/05/2024 ? | |||||
| CYM (ASX) Chart |