RE:RE:RE:Zinc up to $1.27Let's be honest. It is still very unclear when the pandemic will end. The markets have priced in an end to the pandemic, but with highly contagious variants taking over, they are already talking about a strong wave coming this spring. There will likely be a market correction in the next few months as this thing drags on.
There are only guesss right now, and hedging in uncertain times is prudent and reasonable.
This is especially true for companies that can ill afford to be on the wrong side of guessing which direction their commodity will go. Trevali needs to manage and reduce its debt before it can take risks.