focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I have quite a few mining stocks myself now, EVR, KAZ and RIO, they have proven to be good for regular 10%+ swings. Long may it continue. My average for EVR is a shade under 230p. The SP hit 261p less than 2 weeks ago, so bring it on! GL.
it hit 261p only last week. I was going to top up @ 212p today if it got there, but it didn't. To be honest, I've got enough of these ( £11K worth @ 234.5p average ), so plenty of potential there. I like the volatility of this stock, lots of regular 10%'s to be had. GL.
shares do over react, particularly this type of stock with its very high Beta Ratio. It may well bounce back tomorrow as the market absorbs this covenant amendment request and realises that there is no real threat here. Could well see 210p tomorrow morning with a higher finish in the 220's by close. One to watch in the morning I think.
I like the idea of buying a few more cheap, but what is cheap? FTSE Futures -65 points right now, if Evraz dont clarify things to allay investors fears over this RNS, 200p could crack at this rate. Hard to know what to do mate.
http://www.bloomberg.com/news/2012-11-14/u-s-stock-futures-gain-as-cisco-profit-beats-estimates.html Big falls to come tomorrow. Time to sit out and see where this goes. GL and GN all.