TSE:8053Trade Distributors
Sumitomo (TSE:8053) Stock Valuation After Progress On Fluorspar Joint Venture With Tivan And JOGMEC
Sumitomo (TSE:8053) is in focus after partner Tivan Limited reported successful mini-pilot plant results for an acidgrade fluorspar project, with offtake discussions advancing alongside JOGMEC subsidiary Japan Fluorite Corporation.
See our latest analysis for Sumitomo.
The recent fluorite project update comes as Sumitomo’s share price has pulled back, with a 7 day share price return of down 8.52% and a 30 day share price return of down 16.99%. At the same time, the 1 year total shareholder...