Hi all,
Doe anyone have a recent broker valuation for Perilya?
The spot zinc price currently is US$1,795/ton and PEM has hedges in place at an average A$2,049/tonne. (I assume based on metric tonnes. 1 metric tonne = 2200lbs).
Converts to US$1,546/ton, using an exchange rate of $0.83
If they can maintain their cash costs at historic levels of A$0.58c/lb they should make a healthy margin but it would appear the spot price is now better than their hedges.
Anyone agree or have different numbers?
I am interested how others value Perilya and if analysts have updated their valuations.
Happy trading
- Forums
- ASX - By Stock
- PEM
- under-valued?
under-valued?
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost