The main reason i am invested in S32 is its silver production. Silver being the second most used commodity after oil by industry. Many industrial applications cannot replace silver yet it is mainly produced as a by product of other mining activities like copper mining. Silver i believe will be a strategic metal worth many times current price in this commodity supercycle as will copper. Investment to bring new mines on stream as we all know takes up to 10 years....S32 is well positioned with mines already in development...(.Hermosa ).
Silver!, page-21
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Last
$3.68 |
Change
-0.060(1.60%) |
Mkt cap ! $16.66B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.70 | $3.63 | $46.35M | 12.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16139 | $3.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.69 | 45098 | 7 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |