Amazing how shorts can start to wriggle their way out without a drastic SP increase.
I am genuinely interested in thoughts on where BGL could get if they keep hitting targets based on financial metrics like PE ratios. The company already is priced over $2 billion and I've seen most gold producers have PE ratios in the 10-15 kind of range. I'm hoping Bellevue would warrant the high end of that with the newness and untapped potential plus maybe some premium with the ESG emphasis. So with current SOI of 1.18 billion you'd need an EPS of about 16.6c to get to a SP of $2.50 or earnings of close to $200 million. Seems very doable in the future to me with the way POG is going and if they manage costs well but I'm a hack with this stuff and not sure if my numbers so if anyone has more knowledge they're willing to provide would be awesome to hear!
Amazing how shorts can start to wriggle their way out without a...
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Last
$1.83 |
Change
-0.030(1.62%) |
Mkt cap ! $2.151B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.80 | $11.42M | 6.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 291425 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 103906 | 4 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.83 |
Change
-0.030 ( 1.63 %) |
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| Open | High | Low | Volume | ||
| $1.84 | $1.85 | $1.80 | 1398812 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| BGL (ASX) Chart |