From the Goldman Sachs JBWere afternoon report Fri 5th Jun:
Equinox {$3.24 14.0 4.52%} We have added our preferred copper stock, Equinox Minerals (EQN, Buy, $3.10) to the Conviction List, with our forecast total return of 37% over the next 12 months. The outlook for copper is the strongest amongst the commodities we analyse, the EQN balance sheet is strong, Lumwana commissioning complete and upside to exploration and Uranium discounted in the current share price. Key risk is the copper price.
conviction buy
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Last
28.5¢ |
Change
-0.025(8.06%) |
Mkt cap ! $35.19M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 28.5¢ | $86.59K | 294.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23472 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 34205 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |