I disagree with this, its also ~2$ USD now, which is about 3$ AUD price increase.
If the All-in sustaining costs (AISC) of Polymetal for 1 ounce of silver is hypothetically $25, and it has now gone from 34$ to 36$, they are making 11$ instead of 9$ per ounce of silver mined. That is nearly a 20% revenue increase!
The main thing we need to know from the price of silver is that it is now in a really good uptrend and projected to go up even more, in turn creating a larger difference in revenue.
A part of me also thinks that because "Polymetal" doesn't have "silver" in its name, a lot of people might miss out on scanning for this stock and opt for other Silver-related stocks with "Silver" in its name. Happens and I was like that in the past as well (Eg, Silver mines limited)
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Last
86.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.1M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 89.0¢ | 85.0¢ | $336.8K | 385.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8463 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 9796 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| POL (ASX) Chart |