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Bullish Case: Recent institutional investments and short-term surge in SLCA price suggest growing investor confidence, indicating potential upside bolstered by a P/B ratio of 2.2 signaling reasonable valuation.


Bearish Case: The long-term downward trend, mixed with flat term structure and minimal analyst coverage change, point toward continued market skepticism and potential bearish price action for SLCA.


Potential Outcomes:

1. Upward momentum continues: 25%, supported by recent gains and institutional interest.

2. Return to mean: 25%, historical performance suggests a pullback.

3. Flat trend persists: 50%, in line with term structure.


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March 27, 2024


U.S. Silica Forecast

SLCA        U.S. Silica
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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