Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Astro chill :) good things come to he that’s patient. It’s playing with your mind and emotions. Don’t let it. FRES is in a great position to take advantage of the pm rally that’s coming....and the sp is dirt cheap right now.
Once silver breaks out above $30 ( and I’m very confident it will ) then it could be going back to historical highs of around $50. Imagine what the sp of FRES would be if that happened. I think the second half of this year will be fantastic for PM. The long term trend is very much upward & I won’t be selling here until that breaks down or I’m in an amazing profit. I do believe FRES can get back up and beyond all time highs if gold/silver reaches where I think it heading
Me too I’m holding through this...we need almost a 100% rise to get back to the highs from last year....nothing much has changed & pm prices are still very high at today’s levels. We have seen before with FRES the turn around can be swift and sustained. The sector will boom again just need patience
Astro that’s a fair analysis video. Basel 3 effects will be gradual but overall very positive for the gold price. I think The second half of this year will see a nice rise in the pm sector, especially towards the end of the year when the UK Basel 3 rules are drawing closer....all my opinion of course
It’s like some shakeout is going on trying to get shares from week hands before the inevitable rise. With PM prices this high and 7 producing mines and another coming online soon FRES will be raking the cash in. This should be trading much higher. Once it moves it can move very fast as seen before. It’s a big BUY at these prices
My prediction is this...a strong recovery from today’s drop. Higher Silver/gold prices within 2 weeks back above $1900 gold. All time highs for gold within 4 months. My bet is long silver/gold for the next 9/10 months at least. Today’s was just a glitch in a strong long term upward gold trend...obviously silver follows and may even get stronger % rises in the future
I’m personally make very happy reading regarding the project news on the last RNS, especially Doropo adding potentially another 200,000 ounces annually. I also believe it was a case of the sell on news brigade along with the ridiculous 82p broker note that contributed to the excessive drop & panic selling.
When a decent RNS lands on any company I’ve seen many a time that the sp will sell off....only to recover again quickly a week or so later, I believe this will be the case with CEY.
7 Wall Street analysts have issued ratings and price targets for Centamin in the last 12 months. Their average twelve-month price target is GBX 153.29 The high price target for CEY is GBX 240 and the low price target for CEY is GBX 82. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
According to analysts' consensus price target of GBX 153.29, Centamin has a forecasted upside of 39.7% from its current price of GBX 109.70.
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Centamin in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Centamin stock
7 equities research analysts have issued 12 month price targets for Centamin's stock. Their forecasts range from GBX 82 to GBX 240. On average, they expect Centamin's stock price to reach GBX 153.29 in the next year. This suggests a possible upside of 39.7% from the stock's current price.
Centamin pays an annual dividend of GBX 0.12 per share and currently has a dividend yield of 5.87%. CEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Centamin is 1.27%. This payout ratio is at a healthy, sustainable level, below 75%
Sentiment changes fast, in my opinion the damage was done due to the ridiculous broker target and not the rns. Nothing is 100% regarding the asset in Africa. They might even oven ready it and sell it concentrating on new assets in Egypt. If they get licences for surrounding lands to Sukari that would be fantastic. All other brokers employ a buy rating much higher than today’s crazy price....it’s a good entry that’s for sure