Citi forecast copper to rise to $US7000/t this year.
HGO has been on a wild ride through the lows in the copper market but has now profited through unwinding its copper hedge position to eliminate its corporate debt and is free to fly as the copper price tightens.
No other ASX share is so positively geared to a rise in the copper price. The options in particular represent a great opportunity to benefit from any rise in the copper price. But thats just my opinion, do your own analysis.
Citi forecast copper to rise to $US7000/t this year. HGO has...
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $106.8M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $166.9K | 3.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1006410 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 66577 | 3 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| HGO (ASX) Chart |