Hi all, Aussie gold miners have started to rebound from their oversold (in my opinion) positions. Some have rebounded sharply and will probably be the leaders if the gold price continues to appreciate and sentiment for the sector improves (e.g. SLR, RMS, WAF). So I'm currently looking for those goldies that haven't yet run for whatever reason but should do well if sentiment continues to improve. This leads me to SBM and I'm wondering why the share price is languishing and why it's hardly even up today being a very strong day for the sector. I will do my own research, but just wondering what other investors think about SBM - is the price being kept down for non performance reasons or does SBM have longer term issues that are being reflected by the poor share price performance?
SBM Price at posting:
$2.01 Sentiment: None Disclosure: Not Held
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