AVM should open around $15.50 on Monday. They are currently trading at PE of 3.5, but most of the mining companies are trading at PE of 10. So, I believe AVM should be worth $35 atlease using PE of 10. I think the main risk factor here is that they operate entirely in Africa, which mkts thinks that it is a major risk, infact it is their major strength, as they can still afforted to get cheap labour whereas other mining co's find it hard to control project costs. I think once AVM results are out for the 4th qtr, we can easily see that this stock will cross $20 mark!
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.249M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $7.608K | 317K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15387 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 694330 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15387 | 0.024 |
2 | 143478 | 0.023 |
1 | 500000 | 0.022 |
1 | 47615 | 0.021 |
4 | 324495 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 694330 | 3 |
0.027 | 300000 | 1 |
0.029 | 69641 | 2 |
0.030 | 42637 | 1 |
0.031 | 50000 | 1 |
Last trade - 10.26am 04/07/2024 (20 minute delay) ? |
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AVM (ASX) Chart |