skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. APM: Thank you for your prompt response Peter. [Andean Precious Metals Corp.]

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Thank you for your prompt response Peter. My take on the stock’s recent trading history….10 weeks ago Simply Wall Street comments that the stock’s Q2 revenue was boosted by one time items. We get closer to Q3 release date and there is selling as some investors fear the numbers will be weak, thinking that revenue will not match the previous quarter. No more one time items. Eric Sprott sees that as a buying opportunity as he is a longer term investor. The shares are tightly held and so hard for Eric to acquire unless there is selling pressure. I’m assuming Eric is buying on the open market, not through a private placement. Do you agree?
Thanks,
Jim
Asked by James on November 05, 2024
5i Research Answer:
Generally, yes, though there is no way of proving the theory on the stock weakness. Eric's last...
Sign up today for a free 14-day trial and continue your reading!

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!