Not too sure.
I've seen sensitivity valuations that have the potential north of $1 at a US$60 uranium price, which would be a market cap of circa AU$2 billion.
It seems a stretch from current prices, but I guess we have seen over the years markets drive stocks to amazing values under the right conditions and the weight of buying.
Personally though, I'm getting more and more optimistic that 2021 will be a great year for uranium investors, especially PDN if it can get a restart happening.
Ann: Quarterly Activities Report, page-42
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Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |