||EPS - Basic
||Market Cap (m)
|Griffin Mining Daily Update: Griffin Mining is listed in the Mining sector of the London Stock Exchange with ticker GFM. The last closing price for Griffin Mining was 43.50p.|
Griffin Mining has a 4 week average price of 43.71p and a 12 week average price of 41.58p.
The 1 year high share price is 46.88p while the 1 year low share price is currently 19.88p.
There are currently 179,041,830 shares in issue and the average daily traded volume is 163,391 shares. The market capitalisation of Griffin Mining is £77,883,196.05.
|alan@bj: Well the share price didn't drop very much at all. I must say I thought the fall early this morning was a decent buying opportunity as the bad news was out and the second half of the year looks much better.|
|alan@bj: Booked the trip to Bora Bora yet, now that the share price has "tanked"?|
|ukgeorge: what a tit.
More likely that they are about to get the long awaited license given the way the share price has moved.
Zinc edging higher, also with the pound falling and revenues being in $ the company will become more profitable when converted back.
maybe it should be 33p by Wednesday. 37p by Friday. 41p by the following Wednesday......|
|rmjones: Griffin Mining Ltd 27% Potential Upside Indicated by Panmure Gordon
Posted by: Katherine Hargreaves 14th April 2016
Griffin Mining Ltd with EPIC/TICKER LON:GFM has had its stock rating noted as ‘Resumes’; with the recommendation being set at ‘BUY’ this morning by analysts at Panmure Gordon. Griffin Mining Ltd are listed in the Basic Materials sector within AIM. Panmure Gordon have set a target price of 30 GBX on its stock. This would imply the analyst believes there is now a potential upside of 27% from the opening price of 23.63 GBX. Over the last 30 and 90 trading days the company share price has increased 0.129999999999999 points and decreased 2.12 points respectively.|
|mariopeter: Correlation tween zinc price and GFM price appears broken and not sure why that is.
No doubt the license issue is a big concern and perhaps people are worried about a devaluation of the Chinese currency. Anyway results not too far off. Last year they were early April. Currency movements because of Yuan devaluation in last 12 months will not read well I'm sure.|
|celeritas: Rose, why do you stay invested then, makes no sense.
For the first time in a lot of years zinc is running exactly right for gfm just as throughput increases. Zinc was low for a long time, why did you stay invested over this period. The gfm share price is dictated by throughput and the price of zinc, both are now very much in favour yet you still manage to moan.|
|igoe104: The three miles stones for gfm, are zinc price going over 1/Ib, LMC zinc stock dropping below 500000 ton, and the gfm share price breaking the 40p mark.|
|igoe104: Zinc LME Warehouse Level 757,950 t dropping every day, its its just a matter of time before zinc price goes flying high, followed by gfm share price.|
|igoe104: If you look at the chart below its shows the decline in zinc warehouse levels.
if you look back at the last decline in 2006/07 that's when gfm share price rocketed up very quickly. if you look at the one month chart it show a sharp decline.
This time around gfm will be a much bigger animal, with all this extra production.
|vkilmer58: ...zinc price goes up...GFM share price goes down...time for the institutions to clean out the BOD.|
Griffin Mining share price data is direct from the London Stock Exchange