In my opinion the fall to 4c was more of a mystery than the recent rise. I suspect a lot of the price action since the 9th Feb uptick in volume has been a larger player working the price to accumulate as cheaply as possible.
As mentioned before, XAM seems to be a leaky ship on the news front, so that may be contrbuting, but with copper and gold both heading up and a lot of bullish talk around the supply and demand side of copper going forward...
Macro (tick), funding (tick), near term catalysts (tick), board with a good track record (tick), major backer/JV (tick).
XAM is barely getting started, even if the deep drilling fails to deliver, a solid PFS is only months away, and looks likely to drop during a copper bull frenzy. Short of a black swan event this is looking very, very good.
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.38M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.5¢ | $32.57K | 586.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2390895 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 178888 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2390895 | 0.055 |
2 | 132315 | 0.054 |
3 | 650222 | 0.053 |
5 | 797999 | 0.052 |
5 | 1130000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 90000 | 1 |
0.057 | 1491 | 1 |
0.058 | 59992 | 1 |
0.059 | 258287 | 3 |
0.060 | 498008 | 5 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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