It's one of the shorters favourites which is why the price swings.
Fundamentals are good. No debt is appealing in this environment. Low cash cost means we can survive the rough times, as we are currently seeing. Price of copper looks to have bottomed so probably a decent LT play. The key is for new discoveries to ensure we have growth...
In the meantime the fundamentals are there for the next few years based on current mine. So they have some time to prove up other discoveries to diversify and extend overall mine life.
A rebound in the poc to the $3 mark would work wonders. Nice hedge with the gold we have.
It's one of the shorters favourites which is why the price...
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Last
$8.50 |
Change
-0.130(1.51%) |
Mkt cap ! $3.896B | |||
| Open | High | Low | Value | Volume |
| $8.60 | $8.60 | $8.49 | $726.2K | 85.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2611 | $8.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.51 | 580 | 5 |
View Market Depth
| Last trade - 10.52am 02/09/2024 (20 minute delay) ? |
| SFR (ASX) Chart |