UBS slaps a sell on Perilya

PERILYA is no longer an investment grade stock, according to UBS, which has downgraded the struggling zinc miner to a sell and slashed earnings forecasts.

UBS slaps a sell on Perilya UBS slaps a sell on Perilya UBS slaps a sell on Perilya UBS slaps a sell on Perilya UBS slaps a sell on Perilya

UBS says Perilya’s key Broken Hill mine in New South Wales may only survive for 2-3 years before the cash starts running out.

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