On 23rd April USB released analyst note for NST. Valuation: Neutral rated A$15.00, based on long term gold price of US$1,750/oz. It was then trading at $14.67:
"While not the cheapest under coverage, holding spot prices NST trades on 4.7-5.2x EV/EBITDA and 7.7-8.3% FCF at spot in FY25/26E. Lifting our long term gold price to US$2,000/oz increases our NPV ~20% to A$18.00/sh."
Now I would argue that holders should work on 200 DMA as the long term price for a commodity to values shares of a mining company. Today DMA is US$2,111/oz. Just using simple linear extrapolation would put the current price target at $19.33/sh, i.e. 43.9% increase on today's closing price of $13.43/sh.
On 23rd April USB released analyst note for NST. Valuation:...
-
- There are more pages in this discussion • 217 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.91 |
Change
0.205(1.31%) |
Mkt cap ! $18.18B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.81 | $35.24M | 2.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2680 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.91 | 4724 | 13 |
View Market Depth
| Last trade - 14.30pm 15/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |