you guys are missing the bigger picture here
EMX was capped at $5m when it was trading around 2c they then raised $8m at 2.5c and their market cap went as high as $40m before settling back around $25m and this was all driven by them refocusing on their Gorno Zinc project which has no defined resource but simply an exploration target of 7Mts-10Mts@7%-10% Zinc
Meanwhile OVR is capped at $3m and has a JORC defined resource of [email protected]% Zinc
Based on EMXs performance should OVR be successful in extending their Yukon permit Id expect to see the stock rerate significantly
A peer comparison to EMX would suggest a market cap of $20m+ or 10c+
This would also explain why one of your substantial holders has been loading up on stock on market recently
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.27M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $1.183K | 147.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 3537831 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4053179 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 3537831 | 0.006 |
6 | 2200009 | 0.005 |
5 | 900249 | 0.004 |
4 | 2769009 | 0.003 |
2 | 2692525 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4053179 | 9 |
0.009 | 7821538 | 14 |
0.010 | 2995595 | 6 |
0.011 | 48000 | 1 |
0.012 | 1386304 | 4 |
Last trade - 10.26am 19/11/2024 (20 minute delay) ? |
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