Just to put the current gold price into perspective when we were shut down the gold price was $1417 AUD/oz and we still made 16 cents per share.
there is 3 million less SOI now and we can now add another 44 cents per share earnings.
at EPS of 60 cents that is a PE of 3 at $1.80 SP
at EPS of 60 cents and paying out 50% to shareholders in Dividends that is a 16% Divvy (unfranked)
A tripling of the SP will make those metrics more inline, but still cheap, compared to the ASX gold market.( EVN currently has gross yield is 3.3% and PE 15)
GLTAH Kingsgate is now significantly derisked.
$4 Party is coming soon?, page-150
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Last
$1.56 |
Change
-0.020(1.27%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.56 | $685.1K | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 2724 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
-0.020 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.60 | $1.56 | 17710 | ||
| Last updated 15.16pm 14/06/2024 ? | |||||
| KCN (ASX) Chart |