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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Rick Rule said the best performing gold stocks in a gold bull...
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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($) | Vol. | No. |
---|---|---|
26.0¢ | 519867 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 223815 | 0.255 |
3 | 123956 | 0.250 |
8 | 376837 | 0.245 |
3 | 204000 | 0.240 |
5 | 278141 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 429850 | 6 |
0.265 | 332828 | 11 |
0.270 | 625724 | 15 |
0.275 | 195136 | 6 |
0.280 | 402067 | 12 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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David DeTata, Managing Director
David DeTata
Managing Director
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