There is a lot of money to be made for investors who are patient in the mid-term.
Silver spots are forming a base at the $35/ounce levels but there are many flags that exist which might have a huge upside impact on the prices. It's funny when you scroll back to the price of SVL when silver spots were $21/ounce and they had no resource estimates. Sentiment does play a huge part these days.
Many believe that there will be a run from financial stocks and into the precious metal stocks and bullion real soon. I personally think that we are forming a solid base for a launch to the $40/ounce mark.
SVL will just need to continue their stellar progress at the Webb project and get a drill rig on the Mole tenements. They do look enticing at the moment and might just provide the impetus for a rerate.
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There is a lot of money to be made for investors who are patient...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $222.4M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.3¢ | $311.6K | 2.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1690 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 14256 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1619028 | 0.145 |
52 | 3584005 | 0.140 |
43 | 1210234 | 0.135 |
32 | 1058002 | 0.130 |
15 | 677557 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 955323 | 22 |
0.155 | 784501 | 13 |
0.160 | 565241 | 14 |
0.165 | 745609 | 14 |
0.170 | 1052214 | 14 |
Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
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SVL (ASX) Chart |