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Mercator Minerals Ltd. (ML-T)
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Copper molybdenum producer in northwest Arizona. Also, acquired a couple of other assets in Mexico. Their problem had been getting financing for their Mexican mines and the market punished them for making the acquisitions. You are at the mercy of copper/molybdenum prices which he feels have bottomed.
In talks on restructuring debt. Has a $0.50 target on this.
(Market Call Minute) Challenges and lack of financing.
Mercator Minerals Ltd.(ML-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Mercator Minerals Ltd.(ML-T) Frequently Asked Questions
What is Mercator Minerals Ltd. stock symbol?
Mercator Minerals Ltd. is a OTC stock, trading under the symbol ML-T on the (). It is usually referred to as or ML-T
Is Mercator Minerals Ltd. a buy or a sell?
In the last year, there was no coverage of Mercator Minerals Ltd. published on Stockchase.
Is Mercator Minerals Ltd. a good investment or a top pick?
Mercator Minerals Ltd. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Mercator Minerals Ltd..
Why is Mercator Minerals Ltd. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Mercator Minerals Ltd. worth watching?
0 stock analysts on Stockchase covered Mercator Minerals Ltd. In the last year. It is a trending stock that is worth watching.
What is Mercator Minerals Ltd. stock price?
On , Mercator Minerals Ltd. (ML-T) stock closed at a price of $.
Historically he has played it from the short side. Main problem was balance sheet coming out of ’08. Highly speculative.