15 mill market cap (about 10 million EV) for an explorer with almost million oz is ridiculous. MKG being treated like they haven't even drilled a hole! Its pretty low volumes that are pushing the share price around now, so not too concerning at the moment, but its not good.
The shareholder base that this stock has attracted is slowly killing it. You look at Turaco (and others) who attract really sticky shareholders (a lot followed the management from the previous venture), they don't have these issues so much.
Also the artisanal miners never get that deep and are very very common across Africa (probably on every deposit discovered). I wouldn't be too phased by them being present at all. It is often a good signal.
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Last
0.8¢ |
Change
-0.002(16.7%) |
Mkt cap ! $7.399M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $58.64K | 7.667M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 7501903 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2518000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 7501903 | 0.007 |
8 | 3146616 | 0.006 |
6 | 2800156 | 0.005 |
2 | 2600000 | 0.004 |
5 | 2766996 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2518000 | 3 |
0.009 | 2248825 | 7 |
0.010 | 2000004 | 8 |
0.011 | 15648249 | 9 |
0.012 | 150018 | 2 |
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