Worth some research here and in the following weeks and months with likely increases in iron ore prices, recently made significant operational improvements at savage river and also has a further magnetite development project in WA. Being a relatively high cost producer would expect to have high leverage to future increases in Fe prices and XAD moving forward, bounced well off 30-31c support recently is a good sign, would want to see break of 36-37c for continuation higher.
chart
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35.0¢ |
Change
-0.010(2.78%) |
Mkt cap ! $405.0M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.0¢ | $444.0K | 1.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 25524 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GRR (ASX) Chart |