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Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has issued an announcement.
Fat Prophets Global Contrarian Fund reported a drawdown in early November due to a selloff in precious metals, affecting major holdings like Evolution Mining and Fresnillo. Despite this, the fund remains optimistic about the long-term performance of precious metals, anticipating a weaker US dollar and potential rate cuts to support future gains.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd. operates in the financial services industry, focusing on investment management. The company primarily offers a fund that invests in various assets, with a significant focus on precious metals and mining stocks.
Average Trading Volume: 47,676
Technical Sentiment Signal: Buy
For detailed information about FPC stock, go to TipRanks’ Stock Analysis page.