Insightful software,
Seems once the green starts, MMC's sp goes on quite a run.
That last green stretched for a 39¢ run , so applying from today puts a target of 113¢.
If we apply Fibonacci expansion to the last Cr
CR 45¢ x2 = 90¢ (recent peak 89¢ is near enough that 90 was likely the target)
45¢ x 2.618 = $1.18 (which would put us on a market cap $132m which is only what the plant + other infrastructure alone had been valued at)
Cannacord far exceeds with target at $2.30 and I understand thats a base case scenario which will need to be adjusted higher with near term resource upgrade
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Last
93.5¢ |
Change
0.070(8.09%) |
Mkt cap ! $107.4M |
Open | High | Low | Value | Volume |
87.5¢ | 93.5¢ | 87.5¢ | $343.2K | 375.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 910 | 92.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.5¢ | 9960 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 910 | 0.920 |
1 | 100000 | 0.895 |
1 | 4000 | 0.890 |
1 | 4782 | 0.875 |
1 | 5000 | 0.845 |
Price($) | Vol. | No. |
---|---|---|
0.935 | 9960 | 1 |
0.940 | 10000 | 1 |
0.950 | 10760 | 2 |
0.980 | 35000 | 2 |
0.985 | 25129 | 1 |
Last trade - 15.59pm 05/09/2024 (20 minute delay) ? |
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