That sounds like a ridiculously low market cap of $87,000,000 (at 3 cents a share) for a company that will have over $20 million in profit for its first 12 months as a gold producer. We have assets too. The only thing we have to do is pay off debt, which isn't going to take long (less than 12 months), and upgrade resources, which they're currently working on. This is undervalued as is, and for it to drop, well, that wouldn't reflect the true value of the company IMO. But, as I've stated before, the market is a fickle being. I'll just wait for my divvies in the future lol.
Ann: Jaurdi Gold Project Production Update, page-158
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $86.40M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $12.15K | 529.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2131895 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1000000 | 1 |
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| Last trade - 10.16am 15/08/2024 (20 minute delay) ? |
| BCN (ASX) Chart |