RSG 2.19% 67.0¢ resolute mining limited

back of the envelope

  1. 2,889 Posts.
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    96m half year profit
    643m share on issue = market cap of ~850m @$1.32

    Lets say full year profit is maybe 165m, as the 96m included a 12m currency reval, Golden Pride is closing and the current spot price is $60 less than the 1636 average from Jul-Dec.

    That leaves a PE of around 5. Maybe they miss targets and the PE goes out to 6. It's a very cheap stock IMO, especially given the growth potential at Syama, 3.64m in proven/probables = 5.7b worth of gold @ current spot of 1580 and they will probably find more

 
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Last
67.0¢
Change
-0.015(2.19%)
Mkt cap ! $1.426B
Open High Low Value Volume
67.0¢ 68.0¢ 66.0¢ $4.757M 7.091M

Buyers (Bids)

No. Vol. Price($)
7 190744 67.0¢
 

Sellers (Offers)

Price($) Vol. No.
67.5¢ 192546 3
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
RSG (ASX) Chart
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