Can someone please justify the market cap valuation of GG8 right now. Quarter of a billion dollars! Only 180koz resources in WA. 500Koz (inferred) resource in canada, which no one seems to care about having a high grade project in canada.
I see plenty of exploration upside here but it is imo the valuation is running further than the justification for it. Other than hype of high grade gold intercepts to come what am I missing? I feel I am still going to jump in on this but I'm still going to proceed with caution.
Can someone please justify the market cap valuation of GG8 right...
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Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $255.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.0¢ | $223.1K | 575.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 223163 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| GG8 (ASX) Chart |