AVM advance metals limited

Yes just back this morning from a 17day Vietnam holiday -...

  1. 11,384 Posts.
    lightbulb Created with Sketch. 2642
    Yes just back this morning from a 17day Vietnam holiday - they'll need to get their act in order very quickly operationally otherwise Q4 will be a much bigger disaster given the current copper price - in Q3 they accounted for their 'sales' using $2.78 and now the price is $1.67/lb - they need to stay cashflow positive from their operations but don't see that happening in Q4.
    All aspects of their business fall into the very disappointing class at the moment and now they're signalling a less than positive outcome to the Mining Contract Review.
    It's hold and hope - the unbelievable copper price must turn up next year for the shareprice to recover which should coincide with them getting Kinsevere & Dikulushi running smoothly.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.5¢ 4.8¢ 4.5¢ $82.24K 1.732M

Buyers (Bids)

No. Vol. Price($)
1 1433 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 49949 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.