I made money on this stock long ago, and I see PGMs are low in the charts. So I started looking at it and here’s what I see. MRQ Most Recent Quarter.
- Gross Margin (MRQ) 40.16%
- Net Margin (MRQ) 28.47%
- Dividend 1.67
- Dividend Yield 11.62% Huhhhhh??? While we wait?
- YTD % Change -9.94%
- https://www.cnbc.com/quotes/sbsw?qsearchterm=sbsw
It looks too good to be true. Anybody notice Copper price blasting off today? The leader of the pack? $4.45/lb. TGB + 5%, SCCO + 5%, FCX + 3% but as we’ve seen lately, we can’t always rely on the shares doing what they are supposed to.
https://finviz.com/futures_charts.ashx?t=METALS&p=d1