Platinum group metals producer...

  1. 3,411 Posts.
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    So I was looking over the ASX2OO yesterday and one of the very few companies in the green was
    Zimplats (ZIM).

    A closer look reveals that they are trading on a P/E of about 5 and market cap. just above total assets, with minimal liabilities,
    and a rather inviting chart...

    https://hotcopper.com.au/data/attachments/3956/3956047-c17a0d28680ec6d7a4e0b85fcd11332d.jpg

    (Only thing that's less than optimal is a couple of unfilled gaps on the daily chart.)



    I don't know of any other ASX companies that are (very) profitably producing platinum group metals now, as opposed to still being in explorer stage.
    (feel free to mention any if you do)


    Lightly traded stock, but I picked up some ZIM today because I think 10 months of consolidation might be enough.
 
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