In July 2021 the share price hit $1.70 .17 cents pre consolidation, what drove this price was sentiment of the rare Earth explorers which stems from record ore prices at the time. Ore prices is everything to the company for it to propel forward its market cap valuation as well as it's growth potential for investors to come onboard, if the ore prices continue to go against forecasted demands then of course peak will struggle to get back to $1 a share. But since these magnets are required more and more including AI and robotic technology, and that ev continue to take market share off combustion engines I can't see the timeline of 10 years and we are not above $1 per share, excluding Black swan events .
PEK Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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