Hi All,
I have been researching AMI and have a potentially stupid question to ask that I haven't really seen addressed on the forum (as far as I can tell anyway).
What you do believe will be the change in market perception as AMI closes Dargues and opens Federation? The biggest change that I can see (apart from mine life) is that AMI goes from being a predominant Au producer to a predominant Zn producer.
My unsophisticated impression is that gold miners trade at a premium compared to base metals miners. Is it reasonable to expect AMI to trade on a lower multiple all else equal as a Zn mine rather than an Au mine (ingnoring the mine life complication)?
From Au to Zn - What are the Consequences?
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $355.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 21.0¢ | 19.0¢ | $1.623M | 8.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2600 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1078562 | 16 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |