Cannacords 02 June note has an tp of $1.60 based on a 'Conservative' 4-5m oz for the MRE!
Argonauts 21 May note gives an estimated A$2b NAV for Deg. In US$ that's $1.5bn.
Avge NAV/oz total resource for Tier 1 producers is around US$250/ oz.
At 9m oz and current mcap of A$1.65bn, Deg is way behind the curve imo. A more suitable valuation, based on today's impressive maiden innings should be around the A$2.50 mark. As both Cannacord and Argos recent tps were A$1.60, it will be interesting to see where their respective updates land.
- Forums
- ASX - By Stock
- DEG
- Peer Valuation
Peer Valuation
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.34 |
Change
0.040(3.08%) |
Mkt cap ! $3.211B |
Open | High | Low | Value | Volume |
$1.31 | $1.37 | $1.30 | $35.79M | 26.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 77831 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.35 | 158445 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10379 | 1.335 |
3 | 16000 | 1.330 |
2 | 102851 | 1.325 |
7 | 39176 | 1.320 |
1 | 11491 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.350 | 24491 | 3 |
1.355 | 11491 | 1 |
1.360 | 36951 | 5 |
1.365 | 41491 | 3 |
1.370 | 68423 | 5 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |