September 2022

Stock I'm watching this month:-

SPQ - Superior Resources Limited

Sector: Basic Materials
Market Cap:  88.5 Mil 
Price/Earnings: N/A
Price/Book: 10.38
Return On Equity: -7.47%
Return On Assets: -5.01%
Debt/Equity: N/A

Reasons to watch: SPQ is an Australian junior explorer. They explore for lead, zinc, silver, cobalt, uranium, gold, copper and nickel. I was stopped out at $0.049 as stocks dumped following the FOMC announcement.   

Risk: Junior miners are highly speculative.   

Sentiment: Sell
Disclosure: Not Held
Current Price: $0.05
My Strike Price: N/A (Morningstar Fair Value:$0.13)   


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

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