Good point Gopher
EQR reached $100m market cap when it started back in the pit (about 35% of NPV). Once production starts the usual premise is the market cap increases towards the NPV.
However, since this has occurred, we have acquired Spain (estimated NPV $100m to $200m), yet to be confirmed but hopefully soon. And Cronimet has converted its $30m NPV into $10m of shares at 9c and production has more than doubled.
Yet our market cap is $90m. The market is a secondary meeting place between buyers and sellers. It sometimes is overbought, oversold or just right. Which one is in the eyes of the beholders.
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Last
4.9¢ |
Change
0.003(6.52%) |
Mkt cap ! $105.1M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.7¢ | $15.40K | 320.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 317440 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 206700 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 317440 | 0.047 |
1 | 21269 | 0.045 |
1 | 250000 | 0.043 |
2 | 230000 | 0.042 |
1 | 100000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 206700 | 3 |
0.050 | 349999 | 2 |
0.051 | 500000 | 1 |
0.053 | 740000 | 1 |
0.054 | 15450 | 1 |
Last trade - 11.25am 11/09/2024 (20 minute delay) ? |
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