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Evraz Highveld’s ‘Undervalued’ Shares Jump Most in Two Years
Aug. 08, 2011 10:49AM PST
Battery Metals InvestingBloomberg reported that shares of Evraz Highveld Steel & Vanadium Ltd. (PINK:HGVLY) rose the most in two years.
Bloomberg reported that shares of Evraz Highveld Steel & Vanadium Ltd. (PINK:HGVLY) rose the most in two years.
The market news is quoted as saying:
The shares advanced as much as 15 percent to 44.99 rand, the largest intraday increase since July 14, 2009, and were at 43.99 rand at 4:23 p.m., valuing Evraz Highveld at about 4.4 billion rand ($630 million).