Mining companies are price takers and not price makers so the market sets the price for the product and not the suppliers, which is the problem
for mining stocks.
Unlike other companies i.e. Apple has a great reputation and sets its own high prices for its product and is very profitable because its product is seen as high quality and desirable.
Ann: FY24 Full Year Results, page-56
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Last
$3.02 |
Change
0.040(1.34%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.03 | $2.93 | $42.01M | 14.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17200 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 889 | 3 |
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