Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Investment, Market Moves, Metals and Minerals more

Long-term investors see value in iron ore stocks

Posted on 16 July 2013

The slump in the price of some of Australia’s best known mining stocks caused by lower prices and expectations of iron ore have led some to believe that now is the time to buy.
Justin Smirk, a senior analyst at Westpac says “it is a longer-term development story unfolding” and believes mining stocks are relatively cheap to buy. Since the New Year, shares in Rio Tinto (ASX: RIO), BHP (ASX: BHP) and Fortescue (ASX: FMG) have dropped 17%, 11% and 25.5% respectively………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031