$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.
$1.0bil in production? Seems about right. 130,000 ounces(latest...
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$9.28 |
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0.180(1.98%) |
Mkt cap ! $3.994B | |||
| Open | High | Low | Value | Volume |
| $9.15 | $9.29 | $9.01 | $2.854M | 311.1K |
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| Last trade - 12.22pm 30/07/2025 (20 minute delay) ? |
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