NST has a market cap of $392 million at 97.5 cents.
Plenty of gold equities reached market caps in the previous bull run of well over one billion dollars. An NST share price of $2.50 equals a market cap for NST of about one billion dollars.
With that in mind, and considering the huge amount of bullish news NST has released since peaking at around $1.60, before the serious bear market began in gold equities, I don't think its being outlandish to suggest that in this new bull run in gold and gold equities NST should comfortably reach a share price of $2.50 to $3.50 imo.
my price targets for nst ...
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Last
$13.01 |
Change
0.050(0.39%) |
Mkt cap ! $14.95B | |||
| Open | High | Low | Value | Volume |
| $12.94 | $13.01 | $12.77 | $59.80M | 4.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32964 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 48349 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |