I think (personally) now is a good time to get into this stock (especially @ 1.20 and under). Like many a junior before it, it has been consolidating for some time, and looks ready to start delivering an increased production profile, and has also had some decent exploration results aswell. Trading on the loweest cash flow multiple of any gold stock on the ASX as far as i can tell. Cash costs are high, but in an environment where production is increasing you want that leverage to earnings.
i love this company, page-9
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Last
$2.00 |
Change
0.000(0.00%) |
Mkt cap ! $110.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2271 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 72 | 1 |
View Market Depth
| Last trade - 16.12pm 14/11/2024 (20 minute delay) ? |
| DRA (ASX) Chart |
Day chart unavailable