SMR 0.27% $3.70 stanmore resources limited

Ann: 2023 Full Year Results, page-2

  1. 197 Posts.
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    First full year dividend declared, 4% of the market cap, in accordance with dividend policy of paying out 50% FCF, yet not a sound here and the stock is lower.

    On current spot PCI price of $US180/t, SMR trades on 9.4% dividend yield, and about 20% FCF yield depending on how capex is classified.

    Management doing all the right things.
 
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