Mining stocks have a hard capped ceiling of PE 9 and are not subject to speculative froth or a takeover premium. Got it.
So given we have 0 earnings, why do we have a market cap at all?
Mining stocks have a hard capped ceiling of PE 9 and are not...
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $57.93M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 4.1¢ | 3.2¢ | $890.7K | 24.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100204 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
0.002 ( 9.24 %) |
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| Open | High | Low | Volume | ||
| 3.4¢ | 4.1¢ | 3.2¢ | 14339517 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| CYM (ASX) Chart |