EQN 12.2% 27.5¢ equinox resources limited.

this one is and has been a no brainer , page-19

  1. 2,433 Posts.
    lightbulb Created with Sketch. 219
    "Still short then" - well done Esplanade you called it bang on. Credit where credits due.


    Can anyone tell me what's with the 45M shares traded on the TSX on Friday. I guess a large off market parcel.
    The DOW strong and EQN steady - it has been a struggle these last weeks.

    Copper price - I remember about 9mths ago copper was looking weak and pundits had a much lower price over coming months and then China stepped up to the plate and it rose over 50%. It is a difficult commodity to predict esp. with the stock manipulations that the Chinese are known for to keep a lid on the price.

    I have just reviewed my calcs again and at a $3.00 copper price EQN is AUD10+ on production at a PE of 8. Remember they have hedged most of their output.


    Spozzie


 
watchlist Created with Sketch. Add EQN (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
0.030(12.2%)
Mkt cap ! $34.05M
Open High Low Value Volume
24.5¢ 27.5¢ 24.5¢ $13.23K 51.36K

Buyers (Bids)

No. Vol. Price($)
1 5000 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 22517 2
View Market Depth
Last trade - 16.10pm 21/08/2024 (20 minute delay) ?
EQN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.