I have been looking high cost long term producers in other commodities with high capital and no debt. They are trading around double their cash reserves, therefore I think a fair price for RMS is between 50 and 65 cents.
RMS cash backing is around 28 cents therefore a price of 55 cents is reasonable.
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share price target 50 to 65
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Last
$1.90 |
Change
0.078(4.26%) |
Mkt cap ! $2.157B |
Open | High | Low | Value | Volume |
$1.90 | $1.90 | $1.87 | $3.327M | 1.761M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 50712 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 76540 | 59 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 65873 | 1.895 |
23 | 68950 | 1.890 |
17 | 94902 | 1.885 |
18 | 63302 | 1.880 |
17 | 93333 | 1.875 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 53943 | 49 |
1.905 | 74819 | 23 |
1.910 | 79175 | 14 |
1.915 | 144054 | 13 |
1.920 | 24538 | 9 |
Last trade - 15.45pm 09/08/2024 (20 minute delay) ? |
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RMS (ASX) Chart |