Hi Hugo,
would love to astound you with a smart answer but no. Mate I have held SBM back in early 2014 made a few cents, I was very bullish on gold liked the story, also had SLR and liked there story and got hammered unfortunately. I compared SBM with it's peers looked at what has been reported and trending as much as possible and it looks like night and day from 2014 ,also I have learnt that sentiment has a disproportionate amount of influence on SP over the short term and some times longer so even though its a 10 bagger the market is saying buy big time . However I expect high volatility with an increasing SP over time.
So going forward SBM seems to be paying down debt, has a buffer of funding and increasing cash flow with a currency and gold price to support , EVN looks good also.
Just my thoughts I am no expert however, sentiment short term will do strange things regardless of fundamental analysis IMO. I expect high VIX in the next 6 months which most producers will benefit from regardless of their true worth.
Good luck to all.
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $233.2M |
Open | High | Low | Value | Volume |
33.5¢ | 34.5¢ | 33.5¢ | $678.5K | 1.991M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 131915 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 327657 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32500 | 3.430 |
9 | 72187 | 3.420 |
11 | 203897 | 3.410 |
9 | 117260 | 3.400 |
11 | 118353 | 3.390 |
Price($) | Vol. | No. |
---|---|---|
3.440 | 192470 | 22 |
3.450 | 143302 | 12 |
3.460 | 61139 | 4 |
3.470 | 41621 | 7 |
3.480 | 81907 | 5 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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