I'd suggest a $450m market cap at $2.10 here for the resource is over-valued compared to other listed developer/explorers with a similar resource base.
A year ago it was 60 cents, which would under-value it today.
A fair valuation would probably be somewhere around the $1.20 mark, or about 40 cents after the split, others will disagree of course, especially the holders, which I understand. Nevertheless, it looks like a good project in a safe location and they are doing well.
Gw
I'd suggest a $450m market cap at $2.10 here for the resource is...
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Last
60.0¢ |
Change
0.005(0.84%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 61.0¢ | 59.0¢ | $1.642M | 2.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 125460 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 39284 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| SMI (ASX) Chart |