it's primarily because the sector run of 2020/2021 was so bullish. Many stocks with the exception of large cap producers or a few specific development darlings (LTR for example) have fallen 50%+. It's just the way it is. So much money was made and with the exiting of the last 12 months or so, sentiment is low. But these things move in cycles - look at tech. A year ago no one wanted to know about it.
The move to EV and greener energy is no doubt real, but many cannot understand that it does not rise all boats. Stock selection is crucial.
I clearly believe RNU is a good contrarian play in graphite, and believe we've actually held quite strongly given our peers, but I have trimmed back my holding this year as I have with all of my mining stocks (with the exception of PLS). I was over-weighted with only a few - now I hold less of many more. And actually 2 weeks ago I purchased my first ever stocks outside of mining.
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Last
7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $198.2M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.7¢ | $385.7K | 4.918M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15657 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 347338 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15657 | 0.078 |
24 | 1257142 | 0.077 |
13 | 575198 | 0.076 |
18 | 645672 | 0.075 |
8 | 542040 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 347338 | 5 |
0.081 | 50000 | 1 |
0.082 | 1035000 | 2 |
0.083 | 300000 | 2 |
0.084 | 270394 | 5 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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