SBM 4.00% 26.0¢ st barbara limited

Rick Rule said the best performing gold stocks in a gold bull...

  1. 2,913 Posts.
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    Rick Rule said the best performing gold stocks in a gold bull market are the worse gold stocks. SBM owns two gold mines, one they paid $700M for. Market gives no valuation to them, market values the company $50M-$100M under the cash they have on the books. Hopefully the market will re value the assets, gold is around $2000. SBM is good even thou their gold mines are not running profitability, you can buy the shares knowing they have more money per share than you are paying, I think it adds to the safety and very low risk of dilution too which has been terrible for many gold stocks this year.

 
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Last
26.0¢
Change
0.010(4.00%)
Mkt cap ! $212.6M
Open High Low Value Volume
25.0¢ 26.0¢ 24.5¢ $951.3K 3.740M

Buyers (Bids)

No. Vol. Price($)
3 223815 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 519867 10
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
SBM (ASX) Chart
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