It was overvalued at $1.4(at 1.2B market cap) but now is...

It was overvalued at $1.4(at 1.2B market cap) but now is undervalued. If you don't know mining sector. Always do a comparison over companies. Never ever look at these analyst report for mining stocks. For slr, you should compare with wgx rms. Wgx should have slightly higer market cap than slr if the gold price is over $1700. Slr should have larger market cap than RMS. Their relative price may variate in the short time. But it always come back since they all selling gold.