HGO 1.16% 8.5¢ hillgrove resources limited

update:- US labour data might be the catalyst for the break I've...

  1. 107 Posts.
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    update:- US labour data might be the catalyst for the break I've been signalling in copper prices. Some of this fall will be mitigated by AUD movements EG, AUD cost for the same copper HGO is producing is higher (AUD7.02/lb) today than it was yesterday (AUD6.92/lb) due to the USD/AUD exchange rate. However I anticipate HGO share price will reflect market fear. I am still bullish long term copper and see this as an opportunity where timing will be everything. Also, ASX companies should be more attractive to US investors as effectively they are cheaper.

    Overnight move for various copper related ETF, commodity and companies.

    https://hotcopper.com.au/data/attachments/6137/6137663-8d59e81e8bf3c8d8b899e787869c6436.jpg

 
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Last
8.5¢
Change
-0.001(1.16%)
Mkt cap ! $177.9M
Open High Low Value Volume
8.7¢ 8.9¢ 8.2¢ $787.2K 9.065M

Buyers (Bids)

No. Vol. Price($)
1 200000 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 4650 1
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
8.6¢
  Change
-0.001 ( 0.58 %)
Open High Low Volume
8.8¢ 8.9¢ 8.2¢ 2987708
Last updated 15.58pm 21/05/2024 ?
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