I think the market is just not looking at metals long term. The projected PL at this point even with gold prices where it is make it with just a PE ratio of 10, with current production, at around $4bil to 5Bil, your looking at 8 times current price, if you want to be bullish, its a lot more. If they get their act together and pay a dividend, the funds should be all over it as well. Market must not even be looking at it.
I think the market is just not looking at metals long term. The...
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Last
44.8¢ |
Change
0.023(5.29%) |
Mkt cap ! $947.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $1.491M | 3.360M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 313947 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 1627309 | 38 |
View Market Depth
| Last trade - 11.28am 10/05/2024 (20 minute delay) ? |
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Last
44.8¢ |
Change
0.023 ( 4.07 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 45.0¢ | 44.0¢ | 1080685 | ||
| Last updated 11.43am 10/05/2024 ? | |||||
| RSG (ASX) Chart |