GML
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4.35% 2.2¢ gateway mining limited

Hi Vibranium,Be careful with your logic there......its the...

  1. Seenitallnow
    655 Posts.
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    01/09/21
    14:32
    Post #: 55751089
    Hi Vibranium,

    Be careful with your logic there......its the market capitalisation(ie the valuation of the company by the market) which counts, not the share price when comparing one company to another.

    MC = number of shares on issue x share price

    GML's current MC = 1.9bn shares x 0.017c = approx $32m

    You will find that there are very few cheaper gold explorers with the same prospects/potential as GML.

    If you already knew this apologies but thought I'd mention it just in case.

    All the best....


    GML Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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2.2¢ 		Change
-0.001(4.35%) 		Mkt cap ! $8.700M
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2.2¢ 2.2¢ 2.2¢ $102 4.638K

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2.2¢ 31076 1
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