|Day's Range||11.73 - 11.98|
|52 Week Range||9.24 - 17.06|
|PE Ratio (TTM)||63.53|
|Earnings Date||Jul 24, 2017 - Jul 28, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||15.03|
Oil prices continue to climb today. It's the fifth consecutive day of higher closing prices. Today's price of $51.50 a barrel is 18% higher than the lows of just 18 days ago.
Commodity producers don’t have much control over commodity prices. When commodity prices start falling, high-cost producers become unprofitable much sooner.
Copper miners that are holding onto their assets or expanding operations in today's depressed pricing environment could be in better positions to reward shareholders.