RTR 2.44% 4.0¢ rumble resources limited

Initiation Research Report - Bell Potter

  1. 2,604 Posts.
    lightbulb Created with Sketch. 1303
    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!!

    https://hotcopper.com.au/data/attachments/4314/4314535-af0f151a49543b3e0f966588df43a347.jpg
 
watchlist Created with Sketch. Add RTR (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
-0.001(2.44%)
Mkt cap ! $28.11M
Open High Low Value Volume
4.0¢ 4.1¢ 4.0¢ $32.81K 818.5K

Buyers (Bids)

No. Vol. Price($)
8 904811 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 199835 1
View Market Depth
Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
4.0¢
  Change
-0.001 ( 2.44 %)
Open High Low Volume
3.9¢ 4.1¢ 3.9¢ 496218
Last updated 15.34pm 13/05/2024 ?
RTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.