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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > NCU is highly levered to copper >>> It seems >>>
View:
Post by Notgnu on Jan 12, 2022 5:08am

NCU is highly levered to copper >>> It seems >>>

all the king's horses and all the king's men couldn't short copper down again (tonight anyway)

4.5320
+0.1030(+2.33%)
  • Prev. Close:
    4.429
  • Bid/Ask:
    4.5290/4.5350
  • Day's Range:
  •  
Comment by bogfit on Jan 12, 2022 9:38am
Have you ever calculated the leverage?  Gold producers historically have a 3:1 leverage to spot.  Leverage for silver producers this last couple years look to be about 2:1.  Never seen data for copper producers. b,
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