$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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Last
$9.30 |
Change
0.195(2.14%) |
Mkt cap ! $3.994B | |||
| Open | High | Low | Value | Volume |
| $9.15 | $9.33 | $9.01 | $3.659M | 397.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2356 | $9.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.30 | 2818 | 21 |
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| Last trade - 12.43pm 30/07/2025 (20 minute delay) ? |
| CMM (ASX) Chart |