RMS 4.02% $1.94 ramelius resources limited

Enterprise value (market cap - cash in the bank) just dropped...

  1. 1,243 Posts.
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    Enterprise value (market cap - cash in the bank) just dropped under $1B.

    Crazy. This, for a company generating simple cash flow ( oz production * (spot price - AISC)) of $300 million/year.

    My assumption is that sellers see the fantastic opportunity offered by general equities, during the upcoming global Covid recovery. Great. How does that make low P/E companies, with solid businesses, sells?

    Patience is going to be rewarded. Heck, at these numbers RMS could buy back their stock in under four years.

    Last edited by PulpCutter: 27/01/21
 
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Last
$1.94
Change
0.075(4.02%)
Mkt cap ! $2.220B
Open High Low Value Volume
$1.90 $1.94 $1.88 $6.442M 3.348M

Buyers (Bids)

No. Vol. Price($)
2 13041 $1.93
 

Sellers (Offers)

Price($) Vol. No.
$1.94 44693 3
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
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