Hi all,
Trying to wrap my head around why DVP doesn't appreciate when Cu and Zn prices are on a run like the last couple of weeks. Other miners exposed to these two elements are benefiting, e.g. AMI is up 40%% over the past month yet DVP is down 10% over the same period. That is a 50% return difference that can't be explained by AMI's exposure to Au.
Does anyone have a strong theory as to why the DVP share price hasn't benefited from Cu/Zn strength?
Why don't Cu and Zn prices matter for DVP?
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Last
$2.39 |
Change
-0.060(2.45%) |
Mkt cap ! $579.9M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.42 | $2.33 | $704.7K | 295.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4212 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 11575 | 8 |
View Market Depth
| Last trade - 14.00pm 01/05/2024 (20 minute delay) ? |
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Last
$2.39 |
Change
-0.060 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| $2.36 | $2.41 | $2.33 | 32714 | ||
| Last updated 14.18pm 01/05/2024 ? | |||||
| DVP (ASX) Chart |