"*DJ Centamin Egypt Target Raised To C$3 From C$2.75 By T. Weisel >CEE.T"
CAD$3.00, which is about AUD$3.07
Some people have been trying to find a peer to PRU in order to do a peer comparison.
While there are a couple of advanced explorers in West Africa there's really none close to PRUs stage of development and resource size.
I think flyboy mentiond CNT in Egypt, and he's right that this is probably as close as we can get, except CNT is a year or so ahead.
I think these stats are correct but shout out if not:
CNT; 1b on issue at $2.37, $2.3b mc, cash $110m, no debt, EV $2.27b, 13.2m oz au @ 1.5 g/t, $172 EV to oz au valuation, aiming to produce 200k oz in 2010 ramping up to 500k..
PRU; 363k on issue at $ 1.71, $621m mc, cash $110, no debt, EV $511m, 7.1m oz au @ 2g/t, $71.9 EV to oz au valuation, aiming to produce 220k in 2011 ramping up to 300++ (depending).
As you can see, PRU way undervalued compared to CNT, just on the basic figures.
Now, if you slap the CAD$3 valuation on CNT that gives them an EV of about $2.9b, and an EV to oz au of about $225 an ounce.
If you slap an EV of $2.9b onto PRU that gives a share price of about $7.70 I think...
That can't be right!!
Can someone correct those figures, or should PRU eventually be re-rated a bit...
SDG
:-)
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Last
$2.73 |
Change
0.090(3.41%) |
Mkt cap ! $3.750B |
Open | High | Low | Value | Volume |
$2.72 | $2.75 | $2.70 | $17.12M | 6.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11100 | $2.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.73 | 154758 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11100 | 2.720 |
5 | 74016 | 2.710 |
9 | 85639 | 2.700 |
4 | 92998 | 2.690 |
2 | 13162 | 2.680 |
Price($) | Vol. | No. |
---|---|---|
2.730 | 83390 | 4 |
2.740 | 53983 | 4 |
2.750 | 126268 | 8 |
2.760 | 48099 | 3 |
2.770 | 15854 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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