Deterra Royalties Ltd (DRR)

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Deterra Royalties Ltd (DRR) Profile

Deterra Royalties Limited is an Australian royalty investing firm. The company's primary asset is the Mining Area C Royalty, an iron ore mine in Western Australia's Pilbara region. Additionally, it is responsible for the maintenance and purchase of a royalty portfolio including bulk commodities, basic metals, and battery metals. Additionally, the corporation owns holdings in five tiny royalties. Deterra Royalties Limited is an Australian company founded in 2020 with its headquarters in Perth.

Market cap 2.32B USD Stock price4.3900-0.0300 (-0.68%) At close: 04:10PM AED

1/11/2022 Employees 6 Deterra Royalties Ltd (DRR.xasx)Analysis

While this may not be enough for some shareholders, we believe it is encouraging to see the share price of Deterra Royalties Limited (ASX:DRR) increase by 11% in a single quarter. However, this does not alter the reality of the company's underperformance during the last twelve months. The hard truth is that the stock has lost 11% in a year, underperforming the market. performance, or whether there are some discrepancies.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
10:00 - 18:30
Mon
10:00 - 18:30
Tue
10:00 - 18:30
Wed
10:00 - 18:30
Thu
10:00 - 18:30
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 8263

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