TSE:5713Metals and Mining
A Look at Sumitomo Metal Mining (TSE:5713) Valuation Following Winu Copper-Gold Project Stake Acquisition
Sumitomo Metal Mining (TSE:5713) has announced plans to boost capital in its subsidiary SMM PERTH PTY LTD. This move paves the way for a 30% stake in the Winu copper-gold project held by a Rio Tinto affiliate.
See our latest analysis for Sumitomo Metal Mining.
Momentum around Sumitomo Metal Mining has picked up impressively, with a 50.9% 90-day share price return suggesting renewed optimism following its latest resource expansion push. Over the past year, the company delivered a solid 25.7%...