this is all educated speculation
the uranium asset split to understand its current true worth if a offer comes
imo its best to compare peers value similar or as close in size similar jurisdiction and conditions ( difficult )
in the last 3 years the spot price of uranium has tripled
most asx miners with a resource have increased in value in somewhat same time
yet toro has somewhat decreased in value in the same time even accounting for the the ban
I think toro is $100m undervalued as it currently stands
the comparison to peers on the asx with no mines
Bky similar size resource mining bans Spain current market cap $127m
cxu about a third of toro in resource mining ban WA market cap $52m
age about less than half of toro SA ok mining market cap. $250m
bmn about double of toro Africa ok mining market cap $600m
Dyl more than double Africa & Australia oh mining market cap $1.2b
Just a thought imo
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Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.69M |
Open | High | Low | Value | Volume |
33.0¢ | 33.0¢ | 32.5¢ | $23.35K | 71.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 9874 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 15337 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 9874 | 0.320 |
2 | 44013 | 0.310 |
2 | 13278 | 0.305 |
10 | 441793 | 0.300 |
4 | 35393 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 15337 | 2 |
0.335 | 40000 | 2 |
0.355 | 11300 | 1 |
0.360 | 21989 | 2 |
0.365 | 9225 | 1 |
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