Today we had a clear break of the downtrend that has been in place since August 2016.
Volume was decent but not great.
We now need to see the stock hold above 19c for another couple of days as confirmation of the break.
With gold looking stronger, MAT is an easy low risk, high return play as it transitions from explorer to explorer/producer.
These are exactly the type of companies that investors look for in a strong gold market and I have no doubt tat MAT will be re-rated as PP reveals its plans to the public.
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $93.26M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 11.5¢ | $210.0K | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 84655 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 115522 | 6 |
View Market Depth
| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| MAT (ASX) Chart |