Decent risk/reward ratioWith a PB of .322 and a P/E ratio of 4.6 this seems a reasonable entry point (I bought anywhere from 35c/share to 37c/share during the last couple of weeks). MACD supportive over the last couple of weeks and zinc in seasonal strong period.
The last time LME inventories fell below 100k tonnes (3 days of global consumption) the zinc price spiked to $2/pound.Providing the US-China trade negotiations wrap up with a positive outcome, this stock will be trading north of 60c/share.
We will not see TV trading below 40c/share for a long time, tomorrow it may be the last time... Limited downside from here, lots of upside potential in short timeframe.
GLTA