P/E of 2 currently if we use your numbers. To be fair I don’t really think think the margin is that high given what gets left out of the ASIC.
Even if you halve that margin you get a P/E of around 4.
Variables are can those numbers be maintained, will gold stay this high ( or go higher), how much cap ex will it take for this continue ( and what if they do produce 500k oz ).
Definitely still good value and a lot of upside in my opinion.
Ann: June 2024 Quarterly Activities Report, page-23
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Last
45.0¢ |
Change
-0.220(32.8%) |
Mkt cap ! $958.0M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 51.8¢ | 44.0¢ | $30.76M | 65.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95488 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 615458 | 6 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |