Prior to Thursday, the market ascribed zero value to Mumbwa. The stock was just trading at Perkoa and cash balance. After Thursday's result, the market started pricing in Mumbwa. BTR does after all have 800,000t copper at 0.94% grade albeit in the inferred category. One would think that would be worth anywhere between $50-100million considering many more junior mining companies have next to nothing and are trading at the same market cap.
btr re-rating
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Last
2.7¢ |
Change
0.003(10.2%) |
Mkt cap ! $185.4M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $653.8K | 25.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1750141 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 5807102 | 13 |
View Market Depth
| Last trade - 13.18pm 11/11/2024 (20 minute delay) ? |
| BTR (ASX) Chart |