Just come across on my "X" feed that silver was the best performer of any investment for the first 6 months of 2024. Crypto was not included.
I thought I would compare the silver companies I list in my spreadsheet against silvers performance. There are 3 companies that have not increased their share price in the 6 months where silver has rallied 23.04%. Interestingly, all 3 have a large base metals resource. It appears that silver bulls are more attracted to the companies controlling a larger percentage of their resource in PMs.
The management of the three companies in red need to get their respective stories out to the public in a more efficient way. Nothing promotes a company better than substantial news flow like drill and assay results and scoping studies or in BMLs and SVLs case, finance and FID. Unfortunately, I hold 2 of the 3 reds.
The yellow column with the ticks is highlighting those companies that have outperformed the increase in silver by 2x, which is the bare minimum in a silver bull. SS1 have half the amount of shares available to trade compared to MMA but consistently average 1M shares traded (60M shares Vs $110M shares). Maybe MMA management need to compare what SS1s management are doing that is different to their own methods in promoting its project.
I have an investment in the TSX and it and along with a lot of stocks I follow are up 20%-30% for this week. The ASX stocks have been pathetic and that is putting it mildly. Let's see what Monday brings.
- Forums
- ASX - By Stock
- MMA Comparison Against its Peers
Just come across on my "X" feed that silver was the best...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMA (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
23.0¢ | 23.5¢ | 21.5¢ | $80.64K | 354.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13450 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 10917 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13450 | 0.215 |
5 | 27150 | 0.210 |
2 | 104800 | 0.205 |
3 | 57500 | 0.200 |
1 | 2000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 10917 | 1 |
0.235 | 16135 | 1 |
0.240 | 10839 | 1 |
0.250 | 11000 | 1 |
0.255 | 2500 | 1 |
Last trade - 15.40pm 26/07/2024 (20 minute delay) ? |
Featured News
MMA (ASX) Chart |