|Bid||26.00 x 21414800|
|Ask||32.00 x 16388900|
|Day's range||27.60 - 29.04|
|52-week range||16.75 - 35.50|
|PE ratio (TTM)||N/A|
|Earnings date||26 Mar 2018 - 30 Mar 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||60.00|
Some investors are losing patience with Sirius Minerals plc (LON: SXX) but Harvey Jones says they should dig in for the longer run.
Sirius Minerals, which is developing the world's largest deposit of a fertiliser named polyhalite, saw losses mount last year but expects to start production at its mine in northern England ahead of schedule in mid-2021. CEO Chris Fraser said the company, set up to develop the mine, has deals to sell 4.4 million tonnes a year of the fertiliser and is seeking "similar arrangements" with northwest Europe and Brazil. Britain's departure from the European Union would also open up more direct negotiation with China, where Sirius has already signed supply contracts, he said.
With projects running ahead of schedule, Paul Summers thinks the share prices of Hurricane Energy plc (LON:HUR) and Sirius Minerals plc (LSE: SXX) could bounce back.
G A Chester discusses the investment outlook for Sirius Minerals plc (LON:SXX) and another stock trading well below previous highs.