November 2023

Stock I'm watching this month:-

MEI - Meteoric Resources NL

Sector: Healthcare
Market Cap:  437 Mil 
Price/Earnings: N/A
Price/Book: 27.55
Return On Equity: -429% 
Return On Assets: -234%
Debt/Equity: 11.04%

Reasons to watch: Meteoric Resources explore for resources in Brazil, Canada and Australia. It explores for gold, cobalt, copper and diamond deposits. Recently the stock price has been showing a positive trend. With the recent economic uncertainty, gold related companies might benefit as a flight to safety play.

Risk: Microcaps are speculative and risky.

Sentiment: Buy
Disclosure: Held
Current Price: $0.22
My Strike Price: $0.25 (Morningstar Fair Value:N/A)   
My Stop Loss: $0.15


Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.

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