ZFX is an unhedged zinc play. 20% dividends ?? that depends. The PE is so low because earnings were high when zinc was high. And the SP is lower now because zinc prices are falling. Put last years earnings with this years SP and you get a very low PE. Very deceptive.
But on the upside I believe the current zinc price is but a bump in the road. If I am right then ZFX is a good buy and a possible T/O target.
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