SFR are not struggling to seek further funding (if required) for the new mine development in Africa or has issue with cash flow issues servicing the debt or funding for future development in USA.
IMO, the SP got smashed in the last 2 weeks was mainly due to declining copper price, energy issues in Spain, and major problem / uncertainty in Chinese housing market and the BOD decision not to pay final dividend for FY2022
The SP will improve overtime when the outlook in copper market improved, energy issues normalised in Europe, and the housing issues in China stabilised.
At current price, MATSA still making very healthy margin and the progress in Africa still on track to start production next year.
Don't see any TO coming, not the time to panic or sell at current discounted price.
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Last
$8.89 |
Change
0.280(3.25%) |
Mkt cap ! $4.062B |
Open | High | Low | Value | Volume |
$8.79 | $8.89 | $8.73 | $12.45M | 1.409M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62746 | $8.87 |
Sellers (Offers)
Price($) | Vol. | No. |
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$8.89 | 17008 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62746 | 8.870 |
1 | 1000 | 8.860 |
3 | 14162 | 8.830 |
6 | 19297 | 8.820 |
3 | 5868 | 8.810 |
Price($) | Vol. | No. |
---|---|---|
8.890 | 9709 | 2 |
8.900 | 22357 | 12 |
8.910 | 8994 | 4 |
8.920 | 5453 | 4 |
8.930 | 15288 | 4 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
$8.86 |
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Change
0.280 ( 2.81 %) |
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Open | High | Low | Volume | ||
$8.82 | $8.88 | $8.73 | 290571 | ||
Last updated 15.59pm 28/03/2024 ? |
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