Dividends locked away and the alert is now closed

OZL has traded lower to trigger the stop loss level.

With Dividends locked in, the alert is now closed.

 


Original Alert 28/8/18

New Buy Entry Alert OZL

 

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $2.99 Billion Market Cap, VWAP 9.362, ASX Ranking 126, 4 Week Av Turnover $23,027,727, PE 9.9, Div Yield 2.38%.

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 showing strong signs of continuing higher after a positive drilling update was taken well by traders. We are now happy to jump on board for a ride up if price pushes through 9.50 and will hold the stop loss at 8.85. If price pushes below 8.85, then we will cancel the buy entry and re-assess the action.

 

Stock Code : OZL – Oz Minerals Limited

Company Website : www.ozminerals.com

Current Price : 9.43

New Buy Entry Level (Trigger Level) : 9.50

Potential Sell Exit Zone (Stop Loss) : 8.85

Status : On watch for a buy entry trigger