SRL 8.97% 42.5¢ sunrise energy metals limited

big rise on the back of strong earnings

  1. 44 Posts.
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    This stock is looking like a gem!

    Up 8.6% today, and hardly any sellers left on the market! I've bought 4 parcels over the last few months, get in while you can!

    Floated at 50c last November, hung around in the 60s for a while, then got hammered after the January market crash. Probably got more sold down than most, thanks to no annual earnings to go on.

    But now they have come out, and exceeded expecations, which is a BIG effort in the current environment. To make things better they have barely no debt, and are looking to negotiate a number of new contracts.

    There was an initial target price of 64c based on them reaching the goals in their prospectus, and they have more than done this, so we could be heading back to the 60+ mark real soon!
 
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Last
42.5¢
Change
0.035(8.97%)
Mkt cap ! $38.34M
Open High Low Value Volume
38.0¢ 42.5¢ 35.0¢ $30.46K 79.23K

Buyers (Bids)

No. Vol. Price($)
1 14600 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 2875 2
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
SRL (ASX) Chart
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