BGL 1.12% $1.36 bellevue gold limited

I have a EV/Resource of 299 for BGL (post placement + SPP funds...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 668 Posts.
    lightbulb Created with Sketch. 9
    I have a EV/Resource of 299 for BGL (post placement + SPP funds settling). If I compare that to other explorers like DEG (380) and AUT (288), the valuation doesn't look too bad. But it relies on the assumption that the huge amount of cash they will be sitting on is invested wisely and results in increased resources, otherwise soon down the track the metric will look worse when the cash dries up.
 
watchlist Created with Sketch. Add BGL (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
0.015(1.12%)
Mkt cap ! $1.740B
Open High Low Value Volume
$1.34 $1.39 $1.34 $9.246M 6.753M

Buyers (Bids)

No. Vol. Price($)
6 97878 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 18915 1
View Market Depth
Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
BGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.