TSE:5713Metals and Mining
Sumitomo Metal Mining (TSE:5713): Valuation Check After Leading Japanese Market Gains on Global Optimism
Sumitomo Metal Mining (TSE:5713) jumped 9% on Friday as Asian markets rallied on upbeat Wall Street trading and fresh expectations of China stimulus, putting this materials heavyweight back on many investors watchlists.
See our latest analysis for Sumitomo Metal Mining.
That one day surge caps a powerful run, with a 30 day share price return of 16.25% and a 90 day gain of 37.43%. The 1 year total shareholder return of 67.38% signals momentum is still building rather than fading.
If this rally...