(This is a repost : One typo error in my earlier post)
One don't need to be a Rocket Scientist to look into PRU good prospects. Have close look at last Quarter last sentence, towards the end of Sept grades improved from 1.14 g/ton to 1.30 means this quarter we can expect around 15% production boost and hence AISC cost will be down by same around 15% means bottom line will improve by at least 15%.
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Also new mine is under trail production and Gold production from trial production will become part of net gold production. Should improve PRU bottom line significantly. New mine will officially enter in production by end of March.
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Backed by rebound in Gold Price, Increased Production due to start of new mine production since Dec 2017, I stick to my target of 70 cents/share.
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My target price for PRU by Mid Feb is 70 cents/share.
PRU Target Price : 70 Cents, page-2
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Last
$2.35 |
Change
-0.010(0.42%) |
Mkt cap ! $3.228B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.37 | $2.31 | $12.40M | 5.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 239245 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 356216 | 10 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PRU (ASX) Chart |