Resistance at $3.50 will first need to be overcome. But yes, this company has proven itself well managed and delivering on its promises (unlike most of its Australian counterparts I'm also holding - SOC, RMX, AZS and PGI). Their ASIC is very low and the only thing working against them IMO is a poorly timed hedge they contracted at just over $1300USD. That hedge is OK now but as the POG continues to rise, it will start to drain away some profit.
My short term target on this stock is $3.40 sometime next month.
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Resistance at $3.50 will first need to be overcome. But yes,...
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