It looks like pressure is building under silver and especially gold. Gold at $1860, silver at $25.25. If this continues all the PM stocks will rise. BML has lots of news flow due soon. The higher MKR, IVR etc... rise the better BML will look as a value proposition. A rising tide lifts all boats. Even if it is last amongst the silver stocks it can still provide a good return. Interesting to see if they can smack down silver this time. Potentially could be exciting. The trend has been poorly for BML.
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I remember mid last year IVR languishing around 1 to 1.3 cents for months, then the trend changed with silver price appreciation. BML will almost certainly be a producing mine, with good cash flow to support dividends long before IVR is developed. MKR has a mine and is producing. Probably BML will trail the capital appreciation of these peers for a little while but you never know.
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Last
8.1¢ |
Change
-0.005(5.81%) |
Mkt cap ! $18.90M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 7.9¢ | $70.80K | 876.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2704 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 58270 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2704 | 0.081 |
2 | 35000 | 0.080 |
1 | 32000 | 0.078 |
1 | 10000 | 0.075 |
1 | 100000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 6000 | 1 |
0.092 | 57203 | 2 |
0.095 | 8930 | 1 |
0.100 | 58124 | 4 |
0.105 | 215380 | 3 |
Last trade - 15.32pm 09/08/2024 (20 minute delay) ? |
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BML (ASX) Chart |