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Stock Analysis

Hot Stocks Western Areas NL (WSA)

4th Mar 2010

Western Areas has been a hot stock in the news lately. WSA is a sulphide explorer and producer in the Australian Stock Market and owns one of the highest grade nickel deposits in the world.

Western Areas today announced it is looking for a partner to develop zinc, copper and nickel projects in Finland.

WSA already owns part of the project with Finland-based Magnus Minerals, and has enlisted UBS to help with its search for a partner

WSA finished Wednesday up 3.5% at $4.68. It is certainly one of the hot stocks to watch.

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Posted in ASX Small Caps, ASX Top 500 All Ordinaries, Best Shares, Financial News, General, Hot Stock Picks, Market Sectors News, Materials Stocks, S&P ASX News, Stock Trading Recommendations, Top Stocks
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