Yes but the example below is what should generally be happening to mining stocks.... they should be underperforming their base commodities due to the increased cost of extracting those commodities (margin erosion).
For example, Newcrest VS Gold, both in USD:
Iron ore price, page-48370
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$24.16 |
Change
0.040(0.17%) |
Mkt cap ! $74.57B | |||
| Open | High | Low | Value | Volume |
| $24.33 | $24.40 | $24.16 | $66.78M | 2.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7999 | $24.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.17 | 1909 | 11 |
View Market Depth
| Last trade - 14.28pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$24.20 |
Change
0.040 ( 0.87 %) |
||||
| Open | High | Low | Volume | ||
| $24.32 | $24.40 | $24.16 | 732189 | ||
| Last updated 14.48pm 06/06/2024 ? | |||||
| FMG (ASX) Chart |