$1.0bil in production? Seems about right. 130,000 ounces(latest upgrade should get it around here) x ~$1500 AUD profit margin @ $1900 gold= $195M EBITDA.
$195M EBITDA x 6X multiple = $1.2bn market cap. allow some conservatism and im getting $1bil or around $2.90 per share.
Any major exploration upside will lead to further beyond this, i have only factored nominal in built in the 6x valuation.
Any gold price rises exceeding $1900 on further COVID attacks will lead to further upside also.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$9.32 |
Change
0.220(2.42%) |
Mkt cap ! $3.994B | |||
| Open | High | Low | Value | Volume |
| $9.15 | $9.33 | $9.01 | $3.512M | 381.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2402 | $9.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 1650 | 14 |
View Market Depth
| Last trade - 12.33pm 30/07/2025 (20 minute delay) ? |
| CMM (ASX) Chart |