EXCO Resources has won another analyst review that puts its current shareprice in the shade, with research emanating from the recently appointed London broker Fox Davies Capital valuing the company at $1.03/share. In other words, a lazy three-times its recent trading price.
The research, which was authored by former Deutsche analyst Peter Rose, follows RBC Capital Markets’ coverage of the stock earlier this year, which said Exco was worth at least $1 per share based on a long-term copper price of $US2 per pound.
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |