yes it is AUD 1622 /oz today i.e. highest since NOV 2012 !!! To compare: ALK at that time was 85c so today price is almost 4 times lower than it was in Nov 2012.
REE is actually a drag for ALK I think - considering massive capex and curerrnt expenses needed. If ALK was just a gold miner, current estimation of earnings for ALK (assuming 65k oz gold / annum) would be 9.5c+ (+ if gold price keeps going up). This makes P/E = ~ 2.5. Not bad. And profit margins are actually pretty good. Most of the gold miners are too cheap now - price og gold is at 26 months high now , yet most miners cost ~ 20...30% of the Nov 2012 price ...
Pump n Dump, page-21
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Last
49.0¢ |
Change
0.020(4.26%) |
Mkt cap ! $296.4M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.5¢ | 47.5¢ | $239.5K | 493.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31340 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2793 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |