I don't give much credence to Simply Wall Street as they have quite a few truly crazy valuations but
S32 does have some great Silver, Zinc assets that will be developed in this Commodity Cycle as well as aluminium/copper/Lead/coal long life stuff.
Give this cycle time and 2023 should be an absolute boomer for commodities whereas 2022 may disappoint a little as already high Prices may need to consolidate.
My main focus is on 2 factors A) inflation and B) Metals stockpiles which appear to be falling through the floor
Please DYOR & IMHO mainly because all things appear to be in a bubble else I would be absolutely certain of the above
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19 | 112251 | 3.750 |
15 | 119509 | 3.740 |
15 | 121147 | 3.730 |
9 | 133174 | 3.720 |
Price($) | Vol. | No. |
---|---|---|
3.770 | 56462 | 26 |
3.780 | 142452 | 19 |
3.790 | 99495 | 15 |
3.800 | 174903 | 20 |
3.810 | 185068 | 12 |
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