I'm surprised that GCR doesn't move as much as other copper plays. It has a massive copper deposit of 535kt of Copper and 1.47mln OZ of gold. At current market price, the IGV value is $6.7 billion. Current market cap is around $26mln.
In comparison, MNC's market cap is about $400bln and it has about 1mln tonnes of contained copper.
In my book, GCR is undervalued and one to watch, especially with copper and gold prices are heading in 1 direction, that is UP.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.194M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| GCR (ASX) Chart |
Day chart unavailable