A simple view of where this stock is goingMany are trying to trade or sort out entry points on SPM. But while your in the weeds, take a look at the big picture and remember the simple view:
1. Ask yourself first if this Company is in trouble? With no debt, cash on hand, growth in their assets and the right management approach-- I humbly suggest the answer is no.
2. Then take a look at a long term chart on SPM and look at what you see.
https://finance.yahoo.com/echarts?s=SPM.TO+Interactive#symbol=spm.to;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
You draw your own conclusions, but what I see beyond the detailed technicals is a stock that has trend cycles up or down that last from 1 to 3 years. And where are you in the cycle right now?
If you believe that Silver goes down to low teens or even single digits (below costs), then there will be a better entry point.
But if do not believe this will happen then where is the optimal entry point? You can do the math on this but my only advice if you believe this last point is don't make the mistake (as I have done many times in the past) of getting left behind as the train leaves the station.