Buyers starting to show interest as Copper price could be on the mend

Potential Buy Entry Alert to Watch OZL

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $2.91 Billion Market Cap, VWAP 9.222, ASX Ranking 124, 4 Week Av Turnover $8,925,877, Current Turnover (Intraday as at time of alert) $3,655,280.

Company Overview : OZ Minerals Limited (OZL) is an Australian based mining company with a focus on copper. OZL owns and operates the Prominent copper-gold mine and the Carrapateena copper-gold mines in South Australia.

Broker Consensus : BUY

OZL – Oz Minerals Limited

OZL is finding some long term buying support as things look up for copper prices. The commodities price has been held down by trade war concerns which may be seeing a turn of the tides. If copper prices pick up and the bulls come out we expect to see some further buying action into Copper stocks. Watching now for a higher low to build.

Stock Code : OZL – Oz Minerals Limited

Company Website : www.ozminerals.com

Current Price : 9.24

Status : On watch for potential higher low and buy opportunity