MC = 535 000 000 X $0.60 = $321 000 000
Resource per oz = $321 000 000 / 1 800 000 is = $178.33/oz resource.
This appears expensive compared to the price/oz offered recently for companies such as Echo.
Is BGL expensive?
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Last
$1.72 |
Change
-0.048(2.68%) |
Mkt cap ! $2.042B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.76 | $1.72 | $2.871M | 1.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 26471 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 25668 | 15 |
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| Last trade - 11.46am 26/06/2024 (20 minute delay) ? |
| BGL (ASX) Chart |