Not unexpected considering the December quarter saw the lowest Tin price in years (as low as US$18k/t). Also I notice production costs/t have come down which is pleasing. I assume capital costs remain high due to ongoing capital spend on various projects. If we take todays spot price of ~US$30k/t (A$42k/t) there is a healthy headroom.
Not a fantastic quarter, but also not surprising given where the tin price has been. I believe the next few quarters will see improvement if the price of tin can hold >US$26k/t, and if management can get on top of the operational difficulties experienced in the last few quarters.
Not unexpected considering the December quarter saw the lowest...
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $514.1M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.3¢ | $1.166M | 2.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35405 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 238290 | 3 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |