A note from Deutsche Bank was positive for nickel miners Independence Group and Western Areas, upgrading both companies from 'hold' to 'buy'. The broker said that they were forecasting a record deficit in nickel in 2018 and 2019, adding that prices will average $17,086/tonne and $18,555/tonne in 2H and 2019, respectively. Both companies advanced earlier in the session but fell through the afternoon. Western Areas rose 0.3 per cent to $3.53 while Independence Group closed 0.2 per cent lower at $5.
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
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| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |