Just popped up in the online version of AFR - excerpts from an interview with Simon Brown at Tribeca:Breakout in gold is making Ramelius cheap, says Tribeca
Which stock in the portfolio do you think is the most undervalued?
Management at gold producer Ramelius Resources have done a great job curating a strategy that leverages their existing mill infrastructure by adding nearby deposits through bolt-on mergers and acquisitions.
The stock is cheap on traditional miner metrics. It has a price to net present value of 0.75 times and, with the recent multi-year breakout in gold prices, it provides further tailwinds to valuation. We see material upside from current share price levels.
Ann: Record quarterly gold production for Ramelius, page-53
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$2.14 |
Change
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Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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