Until they get a long life asset this is a dividend play, which works fine for me at these prices. |
Terrible performance, only mining stock that down. Very disappointing |
Small update from Aberdeen Minerals today (RNS issued by Gunsynd)
Nothing exciting really. 33 metres at 1.4% copper equivalent (being mix of nickel and copper). CAML's future isn't in Scotland! Hopefully they'll find something in their own backyard soon. |
Copper rising again. Technically on for $5. |
GLG buying. |
Needs to break out of this downward trend. 167p -170p might do it. |
@baroninvestment on X: Citi raising some eyebrows as they say Copper may drop to $8,500 in April (currently $9,500) as US import tariffs affecting physical market strength |
Even Zinc is slowly creeping back to last autumn highs |
Seems I have been asleep at the wheel here, hadn't noticed the huge rise in copper pricing, luckily the market hasn't caught up too :-)
Trebled my holding this morning, sorry I don't post charts but there's one on the page below as the one in the header is useless |
Copper flying again ! |
Copper will hit $5. CAML remains static. Ridiculous. |
Added today, fundamentals look set fair for the foreseeable with existing production , dividend appears well covered. Let's keep our fingers crossed they haven't missed the acquisition boat what with base metals futures firming. GLA, NAI, DYOR etc |
Copper up again. |
Eric Johnston from Canaccord has been coming on CNBC for 3 years talking down the economy predicting a recession. Year after year he's been wrong. Greg Branch another. Shows they know nothing! |
Some thicko at Canaccord. Copper is up 25% year on year. EPS will rise in 2025. That thicko should be UPGRADING the shares. |
Broker downgrade from Canaccord Genuity, Hold
Old target: 215.00 New Target: 175.00 |
I don't know, probably the Trump metal tariffs with Steel and Aluminium the latest. I believe GLEN is a major aluminium producer and the likes of AAL produce steelmaking coal. Perhaps the market seeing wider metal tariffs escalations here?Just noticed there seems to be many small bot type sells today, clumped together in batches with exactly the same timing. Seems someone is trying to get the price down. Any views? I have also added further today, good luck all. |
Any reason why base metal miners have been smashed. Metals down over night any news before I add more? |
EPS of 40p from copper alone here. Forward P/E is insanely low. |
I didn't realise CAML has a fairly active X account |
The copper price is far higher now than when they made those forecasts. |
The latest forecasts on Sharescope look to be:
PE Ratios 2024 = 7.3, 2025 = 6.7, 2026 = 6.6. EPS Forecasts 2024 +37.7% 2025 = +9.4% 2026 +1.7%
Forecasts still looking good imo. |