Interesting to see how one of the peaks of the silver price of $49 was in 2011 when the gold price hit it's all time highs!.
No doubt ARD are hitched to the Silver price for leverage so here is my estimate if we make it back to $49 or beyond!!!
So think about this, at this present point in time 26-6-20 the price of silver is approx $18 per ounce and the price of ARD is .025.
So you can buy 720 shares in ARD or 1 Ounce of silver! Stay with me....
If silver goes to $49 the ARD share price would be 6.8 cents each. (I really doubt that though and allso thats not taking into account the way that unground value of silver is currently being priced down so heavily but it's like having your own ATM IMO Cha Ching) So we could then be to the factor of 5 times from there. Before I get shot down for this just have a look at what the ARD price traded for when we hit the silver high of 2011 of $49, it was 25 cents! So for us to get back to that level we definitely need to see it break out quickly, I am pretty sure it will!
It's a rough calculation and not financial advice, but we have a long ride up from here folks! I am excited! Good luck to all ARD holders
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.21M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $52.14K | 3.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2641772 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1685051 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2641772 | 0.013 |
12 | 3793510 | 0.012 |
10 | 1915908 | 0.011 |
4 | 950000 | 0.010 |
1 | 166666 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1666667 | 1 |
0.015 | 1177622 | 3 |
0.016 | 1067376 | 6 |
0.017 | 2614097 | 8 |
0.018 | 3965083 | 9 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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