Leading Bell Potter analyst resource Brad Watson just released a new initiation research report on RTR with a spec buy recommendation and valuation of $0.60. The research and report was not paid for by RTR and is independent with Brad making his own assumptions and modelling. Good to see an analyst finally "get it" and see the potential of RTR's Earaheedy to become a significant mining operation with potential provincial scale. Reading the detail, looks like their initial 60c valuation (+50% on todays 40c) is heavily discounted as the project is still progressing through early discovery. Watch this valuation steadily increase as RTR advance the project!!
Initiation Research Report - Bell Potter
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Last
6.8¢ |
Change
0.003(4.62%) |
Mkt cap ! $47.79M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.8¢ | 6.6¢ | $10.64K | 161.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 130353 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
0.003 ( 3.08 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.7¢ | 6.6¢ | 99273 | ||
| Last updated 15.37pm 26/04/2024 ? | |||||
| RTR (ASX) Chart |