Date: 11/07/2025
*** GENERAL AVICE ONLY***
Polymetals Resources (ASX: POL) is an Australian mining company operating at its 100% owned Endeavor Silver Zinc Mine, located in the Cobar Super Basin, NSW, Australia. The company has the potential to be a +20-year producer in one of Australia’s most prolific polymetallic mining districts
Trade Rationale
POL did a cap raise at 80c, so an entry here at the bottom end of the recent ranges is at a discount to the larger investors who showed faith in the company. They have just released a June quarterly and while it didn’t wow the markets, it did show that everything was on track and the company plans to produce 5 million ounces of silver over the coming two years. So an entry at these levels with Silver nearing highs again is one that is easy to manage and could easily see it back at 80c in short time
Trade Strategy:
Buy POL up to 78c
Stop Loss 60c
Initial profit target $1.00
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.