I can't believe I'm seeing "Market cap is above the fundamentals" used as a criticism in this era! Have you seen the wider stock market lately?
The price of gold is up and there's excitement over mergers and acquisitions among gold stocks. Here is a producing small miner with a 50% stake in a major historical asset.
Ann: DFS for the Norseman Gold Project, page-5
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $806.7M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $904.9K | 7.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 117976 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 718946 | 12 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| PNR (ASX) Chart |