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$10.95 sandfire resources limited

SFR General Discussion, page-77

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dbd25

6,753 Posts.

2545

20/09/22

17:58

Post #: 63799246
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Originally posted by allgrin: ↑

Copper (Cu) is a ductile metal that's an excellent conductor of electricity.For this reason, more than half the world's copper is used in electrical motors, wiring or anything that requires electricity. Global demand drives the price with emerging markets playing a significant role. China, in particular, has seen a large increase in copper consumption due to urbanisation and strong economic growth.The world's primary market for copper trading is the London Metal Exchange (LME). The CME Group (COMEX) Futures, however, are the most quoted benchmark online, with prices displayed in $US per pound. Australia holds about 13% of the world's copper resources which is second only to Chile (25%). The largest domestic resources are at Olympic Dam (SA) and Mount Isa (QLD).for the learners OK.

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from a newsletter write-up at COB today :

"SFR up 2% today after Macquarie published an OUTPERFORM recommendation with a target price of 540c which compares to the current share price of 407c. 35% higher than the current share price."

All DYOR

SFR Price at posting: $4.07 Sentiment: Buy Disclosure: Held
7 Upvote

1 Great analysis

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(20min delay)
Last $10.95		Change 0.140(1.30%)		Mkt cap ! $5.014B

Open	High	Low	Value	Volume
$11.01	$11.11	$10.88	$28.38M	2.587M

Buyers (Bids)

No.	Vol.	Price($)
3	27250	$10.95

Sellers (Offers)

Price($)	Vol.	No.
$10.97	5477	2

View Market Depth

No.	Vol.	Price($)
2	4270	12.030
2	58180	11.710
11	45799	11.490
11	86876	11.480
3	310	11.470

Price($)	Vol.	No.
10.000	42198	1
10.070	11288	2
10.180	152142	2
10.290	418	1
10.360	34366	6

Last trade - 16.10pm 17/10/2024 (20 minute delay)

SFR (ASX) Chart

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