$TER is BasingCash in hand, low soi, low mc, Exponential moving average, has hit up tick. Oversold.
All positives from here
TER trade ideas
TER -Bullish ReversalTER is forming bullish divergence with double bottom . it may reverse from its current trend.
Terracom - Coal ExplorerTerracom in my opinion forming interesting pattern. Currently on the day 50SMA line as resistance. Would be keen to dabble a little if continues to form a strength in these ranges, and if it pushes past $0.44.
Long term play on TER as it pulls back?Even though it's pulled back significantly it's still in a weekly uptrend. Looking at the monthly chart, it's coming out of exhaustion and increasing energy. Currently at a large support node and there is another at .62. Also, near the Oct 2018 highs and testing from above.
Outside of TA the stock has a dividend of 10% and a P/E 2.89.
Balance sheet is healthy:
Cash flow up sharply from 2021
Revenue and profit up significantly from 2021
Debt to assets has reduced significantly
Terracom - Another Aussie Coal Company Making Higher HighsTerracom is another Australian mining stock I have been following along with ASX:WHC and ASX:NHC that has just been putting in consistently new higher highs over the last 12 months. It is now up a bit over 500% in a pretty tough market. Not sure what the next 12 will hold but could be worth a watch.
$TER.AX this may pop up as well, Watchy $TER #TER #ASX$TER.AX this may pop up as well, Watchy $TER #TER #ASX
$TER - Terracom - Resuming its run.Nice little earner that looks like it is resuming its run.
From a recent statement "The 2018 Financial Year was a truly remarkable year for the Company, as it transformed itself from an Exploration company to an Export Mining company in Australia and Mongolia."
TerraCom Limited, formerly Guildford Coal Limited, is resource company with a portfolio of assets in Mongolia and Queensland. The Company is engaged in mineral exploration of mining tenements held across Australia. Its segments include Australia, which is engaged in coal exploration and development activities within Australia, and Mongolia, which is engaged in coal exploration and extraction activities within Mongolia, including the transition from developer to producer. The Company's tenements cover an area of approximately 11,100 square kilometers. Its projects include Northern Galilee Project, Springsure Project, Sierra Project, and Kolan Project (Maryborough Basin). The Company controls both thermal and coking control tenements located in the coal bearing basins of the South and Middle Gobi. It owns and operates the Baruun Noyon Uul (BNU) coking coal mine in Noyon Soum, South Gobi province. The Dund (Mid) Gobi Project consists of two exploration licenses: 12929X and 15466X.
