RE:RE:Zinc at 1.77 this morningZinc at 1.82/lb What happened today? Lady pacman gobbled up the stock!
I would say I told you so but that would be rude. Be prepared for another huge amount of buying tmrw.
Please keep in mind that this stock is priced the same (0.13 cents per share, preconsolidation) as when zinc was 0.88/lb during covid and company was on the verge of bankruptcy!
At 1.64/lb zinc they were projecting profits of 112 million for 2022, with zinc price today it is closer to 130 million! That is a p/e of less than 1, unheard of in the mining industry!