KCN 1.30% $1.52 kingsgate consolidated limited.

cheap as chips

  1. 1,887 Posts.
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    i think the easiest way to look at kingsgate is they own chatree 120,000 ounces of gold a year at a low production cost of around 900 dollars if the gold price just stays where it is this brings in 50,000,000 a year.

    it makes the present mk a joke thats why morningstar value the company around 4 bucks.

    The reason the stock has been hammered from 12 dollars is mainly they over paid for assets challenger and bowden however the price of gold will recover and these assets will become as valuable as chatree 12 dollars could happen again in the next 4 years
 
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Last
$1.52
Change
-0.020(1.30%)
Mkt cap ! $390.4M
Open High Low Value Volume
$1.53 $1.54 $1.49 $991.3K 656.9K

Buyers (Bids)

No. Vol. Price($)
1 2369 $1.50
 

Sellers (Offers)

Price($) Vol. No.
$1.52 3601 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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