Hi CB, its of course always a mix of both the gold price (especially) and the exchange rate.
But if we assume POG = US$1,500/oz , AUD = US1.00, Ag = US$17.00/oz
Then RED dcf valuation (at 10% discount rate) of 90% plus cash ($19 million) = 46 cents.
On those numbers the EPS = 9 cents average life of mine (10 years) and P/E = 1.2 based on 11 cents share price (which would simply not happen, the share price would move up considerably!).
Hi CB, its of course always a mix of both the gold price...
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 41.5¢ | $7.599M | 18.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 554744 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 402000 | 9 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |