SVL 2.44% 20.0¢ silver mines limited

$1 Party

  1. 320 Posts.
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    Good day all. As we all know gold and silver have been having a good run recently and still ongoing. As I look at their historical prices, they do have some correlation be it an uptrend or downtrend. I always look long term when it comes to buying any stock and the future potential capital growth the company can produce with reference of the current share price.

    It is good to see that Silver, in general, is severely lagging behind gold and there should be an increase and a game of catch up for Silver to do.

    Moving over to SVL, I can't seem to find any better silver mining company in ASX for a better valuation as well as the potential growth. Even at 16.5 cents, there is much more upside especially when Silver is still riding the mega uptrend. Mining workers are and will be working overtime to build on reserves and meet their needs.

    I will be adding even more SVL when there are more announcements from the company or/and Silver price takes a healthy pullback. It may be when SVL touches 20 cents or 25 cents before a pullback but who knows. Till then, $1 is just an intermediate target price for me.
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Mkt cap ! $242.8M
Open High Low Value Volume
20.5¢ 21.0¢ 19.5¢ $1.214M 6.010M

Buyers (Bids)

No. Vol. Price($)
11 198998 20.0¢

Sellers (Offers)

Price($) Vol. No.
20.5¢ 837293 24
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Last trade - 12.07pm 09/03/2021 (20 minute delay) ?
-0.005 ( 3.75 %)
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20.5¢ 20.8¢ 19.5¢ 2577120
Last updated 12.30pm 09/03/2021 (live) ?
SVL (ASX) Chart
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