What affects mining stock prices?4 Sep 2009 02:21
hi, relatively new to trading. Looking at Mining companies in UK.
Seems the main variables to watch are:
1) Metals price which the company mines/sells
2) economic news
And the performance of others in same sector. Drag each other up and down.
Earnings reports.
Am I correct in thinking this? Or am I missing something else? Looking to trade mining sector so just checking it out. Thanks.