Business
Why the Image Resources (ASX:IMA) share price is rocketing higher today – Motley Fool Australia
Mineral sand’s mining company, Image Resources’ share price took off today, at one point trading 9% higher. Here’s why…
Following a stellar performance in 2019, which saw the Image Resources NL(ASX: IMA) share price gain 108% in only 12 months, Image Resources’ share price has been far choppier in 2020.
Like most every company on the ASX, Image Resources share price was savaged by the COVID-19 panic selling earlier this year, falling 45% from 24 February through to 23 March. From there it gained 75% through to 18 September before again sliding lower.
Year-to-date the share price is down 30% despite today’s stro…
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