|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||730.00 - 765.00|
|52 Week Range||700.00 - 1,645.00|
|Beta (5Y Monthly)||1.45|
|PE Ratio (TTM)||54.73|
|Forward Dividend & Yield||24.97 (3.24%)|
|Ex-Dividend Date||May 03, 2019|
|1y Target Est||892.00|
Malaysia Smelting Corp Berhad, the world's third-largest refined tin producer, does not expect its output to fall this year even though the top two have flagged production cuts, its chief executive said. Malaysia Smelting's Chief Executive Patrick Yong said the production slowdown in China and Indonesia would not hurt the company's accessibility to ore as the two countries do not export tin ore to third party smelters.
Fears of a global recession are rising. The tiny tin market seems to be already trading as if recession were a reality. London Metal Exchange (LME) tin lurched sharply lower at the beginning of July and has kept falling ever since, touching a fresh three-year low of $16,255 per tonne on Monday.