re: closer to 70 cents? I think high base metal prices are in part a reaction of high energy costs - I'll be surprised if they all don't retreat by around 25% next year.
But AVM is better off with today's regime of high cu/ag prices & the high diesel costs - it ain't going to get much better in terms of gross margin per lb - to earn more next year they have to ramp up production which they're doing.
And I'm expecting a net profit of $US13.5mil in the current quarter due to higher prices, higher production, higher grades & no damn legal costs.
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Last
4.9¢ |
Change
0.002(4.26%) |
Mkt cap ! $12.72M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.9¢ | 4.5¢ | $251.3K | 5.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1046659 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 337307 | 2 |
View Market Depth
| Last trade - 13.50pm 25/06/2025 (20 minute delay) ? |
| AVM (ASX) Chart |