CMM capricorn metals ltd
Add to My Watchlist 0.33% ! $9.13

Ann: Trading Halt, page-7

  1. Nige456
    4,567 Posts.
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    28/07/20
    22:55
    Post #: 46136955
    $1.0bil in production? Seems about right. 130,000 ounces(latest upgrade should get it around here) x ~$1500 AUD profit margin @ $1900 gold= $195M EBITDA.

    $195M EBITDA x 6X multiple = $1.2bn market cap. allow some conservatism and im getting $1bil or around $2.90 per share.

    Any major exploration upside will lead to further beyond this, i have only factored nominal in built in the 6x valuation.

    Any gold price rises exceeding $1900 on further COVID attacks will lead to further upside also.
    Last edited by Nige456: 28/07/20
    CMM Price at posting: $2.06 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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$9.13 		Change
0.030(0.33%) 		Mkt cap ! $3.936B
Open High Low Value Volume
$9.15 $9.33 $9.01 $13.31M 1.449M

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Price($) Vol. No.
$9.18 431 1
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Last trade - 16.15pm 30/07/2025 (20 minute delay) ?
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