$10.37
-0.38 (-3.53%)
Horsehead Holding Corp. (NASDAQ:ZINC)
CAPS Rating:
The Company is a producer of zinc and zinc-based products with production and/or recycling operations at six facilities in five states.
The Company is a producer of zinc and zinc-based products with production and/or recycling operations at six facilities in five states.
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Recs
Plenty of cash on hand. Solid management. Gets paid to take what others don't want to produce their products. How can you go wrong?
5 Zinc mining operations shutting down = rapid reduction of current surplus on the market. Look for a price jump in the spot market by 1qtr 09. This one could be a 6 bagger going forward.