A broad fall in mining-business valuations has opened a window of opportunity for investors looking to lock in cheap prices and potentially big dividends.
In the past year, the mining sector has sunk 6 per cent to trail the positive 9 per cent return of the S&P/ASX 200 index by 15 per cent, highlighting cheap valuations in a sector that traditionally attracts contrarian investors chasing big returns.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
