Mining stocks go up and down in big swings on commodity prices - an obvious statement I know - so now there are so many more shares on issue and it still has a market cap of $1.25bil and is still bleeding money at a rapid rate and could still have net debt of over $US300mil at 30Sep(on my cals).
Share price got down to 58.5c on 27Aug so up 54.7% since then. It's a rollercoaster - it's always difficult for me to value a business that is losing money as I can't predict how strong those commodity prices will be going forward.
Mining stocks go up and down in big swings on commodity prices -...
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Last
$1.10 |
Change
-0.050(4.37%) |
Mkt cap ! $1.835B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $2.583M | 2.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 62851 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 4275 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CRN (ASX) Chart |