The impact of C-19 to date reinforces our view that Australian small/mid-cap contract miners are likely to financially outperform companies across most other industrial sectors in 2H20. We make our case in this note and suggest, given their current low trading multiples, share price outperformance as well through the full year reporting season. We are attracted to Macmahon (MAH) and Perenti (PRN) at these levels.
To access the full report please log in under the Client Area at the bottom of this page.
Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.
If you would like to access our research please contact us to create an account.
