At current Pd prices half the global mines running at a loss. Despite prices, demand still increasing. You put these two factors together and it becomes a lot easier to understand why insiders have increased their holdings. it also makes it a lot easier to ignore the noise from shorters and understand why independent values have given a life of mine price of palladium over 2k, and the fact that mining the resource we have is still financially more profitable than higher grade mines already in production. Lots of positive information in the presentation, especially into regards to positive JV developments. Dyor
At current Pd prices half the global mines running at a loss....
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Last
$1.66 |
Change
0.075(4.75%) |
Mkt cap ! $643.7M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.67 | $1.60 | $9.130M | 5.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 134453 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 6000 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.075 ( 4.60 %) |
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| Open | High | Low | Volume | ||
| $1.62 | $1.67 | $1.61 | 780495 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| CHN (ASX) Chart |