I’ve recently been performing some analysis to find the ‘next’ big performer in the junior/mid-tier gold mining stocks, here are some thoughts on my own analysis.
The model values the company’s gold in ground and Net Assets (doesn’t take into account future cash flows);
- Share prices were from 3 weeks ago at the time of compiling this summary
SBM – Seems fairly priced at $2.91, potential organic/in-organic growth could provide opportunity for an increased share price
BDR – Share price only reflects NAV of the company, value of gold in the ground currently not factored into price
EVN – Seems fairly priced at $2.33
CDV – seems to be overvalued based on current known gold in the ground and Net Assets
NST – seems overvalued, but my model doesn’t take into account future cash flows, and NST seems to be the pick of all the stocks in terms of future cash flow.
RSG – seems fairly priced at 1.14
RMS – small upside potential for Ramelius of approx. 41%
Interesting recorded video presentations from BDR and RMS at the recent Denver gold forum:
BDR:
http://www.denvergoldforum.org/dgf17/company-webcast/BDR:AU
- Most of the directs seem to have played a big part of Kinross/gold corp. Seems to be a super line-up.
- Drilling results due in the coming weeks, focus on increasing LOM from current 7 years to x
RMS:
http://www.denvergoldforum.org/dgf17/company-webcast/RMS:AU
SBM:
Can be found on the denvergoldforum website
Please do your own research, this is just my own model/calculations for my trading strategy only. I don’t not provide financial advice just sharing my thoughts on some small gold mining co.
What is everyone’s thoughts on the above stocks? Which one has the best potential? Thoughts/alternative views welcome.
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $270.0M |
Open | High | Low | Value | Volume |
34.0¢ | 34.8¢ | 32.5¢ | $847.7K | 2.553M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99998 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 83653 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99998 | 0.330 |
6 | 165539 | 0.325 |
9 | 97530 | 0.320 |
3 | 530000 | 0.315 |
6 | 138871 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 83653 | 10 |
0.340 | 385615 | 8 |
0.345 | 133787 | 3 |
0.350 | 20000 | 1 |
0.355 | 152726 | 5 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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