Alright so management says 55-60, lets be conservative and assume 50k GEO for 2020.
lets say AISC is higher than last quarter at around $1000, and if gold stays above $1700 then austral makes $700/oz. 35M profit for the year on 559M shares is 6.2 USD cents/share. that’s almost 9 cents Aussie per share, so AGD trades at less than 2 times forward earnings.
AGD trades at a 10ish p/e if that holds then this could go to 60 cents USD. If gold goes to $2500 later in the year that means $1500/oz profit and could drag earnings per share closer to 10cents/share USD.
...could this little stock hit $1 if precious metals booms?
GLTA
Ann: AGD Announce Settlement of Miners Strike at Guanaco/Amancaya, page-2
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.184M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 8111 | 1 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
| AGD (ASX) Chart |
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