Based on my simplified GMD price projection attempt, which is based on average mining PE value, its share price will be >$20 if gold price hit USD$6,000 as shown below. Obviously many assumptions i.e. exchange rate remains the same, GMD SP valued at current average mining PE, etc... and any incorrect assumption can easily blow away the projected figures below. Hence this projection exercise is nothing more than giving us(especially me!) a nice and warm fuzzy confidence on future GMD SP.
Cheers.
Based on my simplified GMD price projection attempt, which is...
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Last
$2.18 |
Change
0.040(1.87%) |
Mkt cap ! $2.445B | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.19 | $2.09 | $9.457M | 4.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2299 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 52861 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| GMD (ASX) Chart |