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.
Rick Rule said the best performing gold stocks in a gold bull...
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Last
32.8¢ |
Change
0.013(3.97%) |
Mkt cap ! $351.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 31.5¢ | $784.8K | 2.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 514033 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1060407 | 34 |
View Market Depth
| Last trade - 11.24am 20/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |