Below is a 12 mth comparison to the ASX300 mining index and we are now 25% off the performance of the index. What I struggle to comprehend is there isn’t another junior miner on the market (IMO) with a clearer path to production and a resulting company valuation increase yet we languish with a market cap under $100m, 25% off the index.
The index is indicative of the shift in sentiment toward the junior mining sector, but not TNG.
What is wrong with TNG? Maybe nothing is wrong but I would suggest the share price indicates someone has dropped the ball on garnering new support from fresh investors, on market.
Ann: Mount Peake mine development aquifer drilling commences-TNG.AX, page-64
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.11M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.5¢ | $49.49K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1037242 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 60870 | 2 |
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| Last trade - 15.44pm 04/10/2024 (20 minute delay) ? |
| TVN (ASX) Chart |