This stock is completely undervalued at the moment.
- Market cap ~$7M.
- Cash ~$4.9M.
- EV ~$2.1M.
I do not understand how Cooper Metals secured tenements ~1km along strike from Gruyere. Gold Road has surely explored here. Does anyone know how this tenement became available? I couldn't see anything in the Prospectus detailing any issues in accessing the ground here.
Once Ian Warland and the Team outline a clear exploration pipeline for CY22, I think we will start to see more media attention and in turn investment interest here.
With limited shares on issue and a small EV, Cooper Metals is in a great position to re-rate on any positive news flow from any of the 3 Project Areas.
General discussion, page-2
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Last
7.8¢ |
Change
-0.006(7.14%) |
Mkt cap ! $6.112M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.7¢ | 7.8¢ | $38.49K | 475.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6303 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 18500 | 1 |
View Market Depth
| Last trade - 15.50pm 10/06/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
-0.006 ( 3.61 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.2¢ | 7.9¢ | 130976 | ||
| Last updated 15.46pm 10/06/2024 ? | |||||
| CPM (ASX) Chart |