RSG 3.42% 60.5¢ resolute mining limited

back of the envelope

  1. 2,882 Posts.
    lightbulb Created with Sketch. 209
    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
60.5¢
Change
0.020(3.42%)
Mkt cap ! $1.288B
Open High Low Value Volume
58.0¢ 60.5¢ 57.5¢ $4.914M 8.280M

Buyers (Bids)

No. Vol. Price($)
33 368910 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
60.5¢ 259505 24
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Last trade - 13.51pm 05/07/2024 (20 minute delay) ?
RSG (ASX) Chart
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