DYOR. Comparative analysis is not intended as financial advice.Factoring in the shares issued in the raise and the pullback in peer average due to the pullback in the gold price, fair value for NVA is currently sitting at $0.23 for the current 3.3 Moz.
Resource upside with expectation of a resource upgrade in the new year give us a target of $0.35 to $0.48 for 5 Moz to 7 Moz respectively (inferred ounces). The recent price target $0.40 set by Evolution sits near the middle of this range.
We will move up from about 1.54B shares on issue to around 1.67B shares on issue.
DYOR. Comparative analysis is not intended as financial advice....
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $12.65K | 62.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13714 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 12067 | 3 |
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| Last trade - 10.56am 24/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |