The copper has taken a pounding lately and currently $2.60US lb but the saving factor is the
currency conversion which takes the Australian equivalent copper price to $3.13 lb .
The long term outlook for copper much more buoyant and is averaging at US$6800 pt until year 2025
We need the Iron Ore Price to recover a tad . After treatment the Iron Ore Rex extracts and
treats equates to 63% which attracts a premium price above other iron ores. The Gold is holding steady
and that part of the equation is still ok so at this stage not looking too bad. Unless there is a dramatic turn
of events that would erode these prices then the commodities should not be a problem going forward.
The copper has taken a pounding lately and currently $2.60US lb...
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.5¢ | $214.7K | 794.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 825200 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 108591 | 6 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
27.3¢ |
Change
0.010 ( 2.75 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.5¢ | 26.5¢ | 377793 | ||
| Last updated 15.57pm 21/05/2024 ? | |||||
| RXM (ASX) Chart |