Gold Fields to buy Canadian miner Osisko in $1.57 billion cash deal.
The deal means Gold Fields is paying the equivalent of US$508 per reserve ounce and $203 per resource ounce
Switch over to Australia, and the deal would value De Grey Mining's six-million-ounce Hemi project at nearly A$4.7 billion — at an exchange rate of US65c to A$1.
The Johannesburg-based gold producer will pay C$4.90 per share, a 55% premium to Osisko's Aug. 9 trading price
DEG looked so cheap.
Thank you @midterm
Gold Fields to buy Canadian miner Osisko in $1.57 billion cash...
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Last
$1.71 |
Change
0.025(1.48%) |
Mkt cap ! $1.864B | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.73 | $1.70 | $2.629M | 1.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 41665 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 1821 | 7 |
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| Last trade - 15.44pm 02/10/2024 (20 minute delay) ? |
| GOR (ASX) Chart |