At the current market cap of 55m, USL is being valued at $0.58 for each ounce of silver in the ground.
In 2020 when silver was at $30/ounce, the sector was trading at $2 per silver ounce in the ground.
The current silver price is $28. There is a lot more upside available here.
The mind can really wander when thinking about the levels of FOMO buying should silver break $30
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 (20min delay)
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.0¢ | $40.71K | 138.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 120206 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 376146 | 5 |
View Market Depth
| Last trade - 11.29am 04/07/2025 (20 minute delay) ? |
| USL (ASX) Chart |