I've been an ICG holder for around 2 weeks now, and honestly, this stock excites the hell out of me. They are competing against behemoths like BHP and RIO as per https://www.intelligentinvestor.com.au/shares/asx-icg/inca-minerals-limited. With a MC of only $52m, it's got a lot of room for growth if you compare them against their smallest peer, MIN, with a MC of $8B!
From a technical POV, those charts looks textbook. Daily it's been looking good since 5 Aug 2020 making higher highs almost every other month since January. On the weekly charts, it just crossed the 50/100 EMA a couple of weeks back. According to Andrew's Pitchfork, we might see 24c by Dec 2021, which seems a little slow if you look at the depth of this stock.
The buy side looks really strong with the sell side barely putting up a fight with only a few million share offers on the table and almost no resistance up to 24c.
Overall, I see great things for this stock and expect it to continue it's growth throughout 2021.
This is not buying or selling advice and is purely my own assessment. GLTAH.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.242M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $60 | 14.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 399999 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2345385 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 399999 | 0.004 |
9 | 5107112 | 0.003 |
3 | 3199980 | 0.002 |
4 | 5299950 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2345385 | 5 |
0.006 | 2412490 | 3 |
0.007 | 1600160 | 2 |
0.008 | 450000 | 2 |
0.009 | 55000 | 1 |
Last trade - 10.04am 08/08/2024 (20 minute delay) ? |
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ICG (ASX) Chart |