Quite simply the market is expecting 120MT…inline with average analyst predictions.
At $10 US per ton that would put this at around 1.75 billion AUD marketcap. As of this morning PMET is at 1.85 billion CAD marketcap. So an MRE of 120MT is only going to maintain current sp with little upside.
Cannacord has the average at around $6 per ton for Canada.
PMT Megathread, page-733
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Last
38.0¢ |
Change
-0.015(3.80%) |
Mkt cap ! $232.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 38.0¢ | $58.33K | 152.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 37536 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 92512 | 11 |
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| Last trade - 11.00am 06/09/2024 (20 minute delay) ? |
| PMT (ASX) Chart |