the svl pricing is because of the market cap.
its the sector leader and heavyweight - so it runs first and hardest - but at a point the technical momentum runs into the fundamental valuation constraint
pre cashflow stocks dont get bid up on their implied DCF* - but there is a point where the technical momo slows because the implied valuation is getting too far above what current spot price range supports
but all svl is doing right now is taking a deep knee lunge breather before it launches higher
but because of its leadership scale its unlikely it will ever lead by valuation per ounce. unless saying silver goes to $us1000
then likely nothing keeps up with SVL because number of silver ounces is all that matters at that kind of extreme
*qualifier - pre cashflow stocks can get bid up on their DCF value if either they attract a JV purchase on that basis - or they attract high conviction funds who relentlessly bid stock higher once set. basically pretty rare
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Last
9.2¢ |
Change
0.006(6.98%) |
Mkt cap ! $21.47M |
Open | High | Low | Value | Volume |
9.0¢ | 9.6¢ | 9.0¢ | $29.77K | 317.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 66385 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 81299 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49999 | 0.092 |
1 | 11494 | 0.087 |
2 | 150000 | 0.085 |
1 | 11500 | 0.084 |
2 | 65000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 81299 | 2 |
0.097 | 2061 | 1 |
0.099 | 63405 | 2 |
0.100 | 7754 | 2 |
0.105 | 79800 | 3 |
Last trade - 15.28pm 13/09/2024 (20 minute delay) ? |
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