Wednesday 23 October 2024
Time Published: Asian Trading Session
Most recently (Friday, 13 September), I published two trade ideas on miners which had some exposure to Silver. The performance thus far has been as follows:
(1) Wheaton Precious Metals +10%
(2) Newmont Corp +9.5%
(3) The ETF, Global X Silver Miners has done better, with a 19.5% as of Tuesday evening.
As discussed via e-mail with the team on Monday, 16 September:
Wheaton Precious Metals Idea (13/09) https://www.unum.capital/post/trade-alert-wheaton-precious-metals-friday-13-september-2024
Newmont Corp Idea (13/09) https://www.unum.capital/post/trade-alert-newmont-corp-friday-13-september-2024
Well done to clients who took advantage of the opportunity to trade.
Lester Davids
Analyst: Unum Capital
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