From memory, in ground resources are often valued at 10-20% of their sale value depending upon how hard it is to extract.
So - a MC of 50mil is about right for the current resource. This is a spec stock however and they are nowhere near digging any of the stuff up, so that would put a lag on the figure. I think that there is a level of expectation built into the current price at the current level, but not much as the SP was in this bracket before the expectation for drilling results came through.
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$3.35 |
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Mkt cap ! $234.0M |
Open | High | Low | Value | Volume |
$3.28 | $3.35 | $3.25 | $28.45K | 8.682K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 900 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.35 | 14932 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 900 | 3.250 |
1 | 7928 | 3.210 |
1 | 50 | 3.100 |
1 | 165 | 3.050 |
4 | 9280 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.350 | 14932 | 1 |
3.360 | 3000 | 1 |
3.400 | 1254 | 1 |
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