OM:SANDMachinery
Sandvik (OM:SAND) Stock Looks 5.9% Overvalued After Barminco Mining Order
Sandvik’s new Barminco order puts mining demand in focus
Sandvik (OM:SAND) has secured a SEK 350 million equipment order from Australian mining contractor Barminco for the Bellevue Gold Project, including underground loaders, trucks, drill rigs, and ongoing tools and service support.
See our latest analysis for Sandvik.
Sandvik’s recent SEK 350 million Barminco contract comes as momentum in the stock has been strong, with a 90 day share price return of 21.73% and a 1 year total shareholder...