Will KAZ Minerals continue falling, or will it recover to 620p (+11%)?

• Shares down 12% from recent highs; Bounced off mid-June lows.
• Now trades 557p (at time of writing).
• Can the stock recover recent 600p highs (+11%)?
• Shares -25.2% from 2019 highs; +13% from 2019 lows; +4.8% year-to-date.
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading KAZ Minerals – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 600p. You decide to buy exposure to £10,000 worth of KAZ Minerals using a CFD, at the current price of 557p. To do this, you need £2,000.

Let’s assume KAZ Minerals recovers back to 600p highs (+11%). Your profit would be £1100, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. KAZ Minerals falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.