EM2 1.20% 8.2¢ eagle mountain mining limited

Appreciate that this company recently raised capital at 6 cents...

  1. 408 Posts.
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    Appreciate that this company recently raised capital at 6 cents but now with short term funding out of the way, I expect a nice little re-rate to be coming soon. With copper prices over $4.00 a pound, I can’t see how this company’s share price shouldn’t start to trend upward in the near distant future. I think a few investors from the recent raise have been selling off as of late due to only wanting to hold the options and not the heads/options but that is good for a long term holder like me, happy to pick up shares at 5.4 cents yesterday. I’ve always said this is a nice little bolt on acquisition for other producers in the neighbourhood (plenty of copper and good infrastructure) as a back up plan so downside here in my opinion is quite well protected. With Charlie Bass at the helm anything is possible, he controls this company’s destiny and I am happy being a long for the ride especially at this share price level. Cheers, CP.
 
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Last
8.2¢
Change
-0.001(1.20%)
Mkt cap ! $32.21M
Open High Low Value Volume
8.3¢ 8.3¢ 7.6¢ $192.9K 2.422M

Buyers (Bids)

No. Vol. Price($)
1 61055 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 50255 1
View Market Depth
Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
Last
8.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
8.2¢ 8.3¢ 7.7¢ 1016977
Last updated 15.40pm 17/05/2024 ?
EM2 (ASX) Chart
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