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0.53% 95.0¢ firefly metals ltd

There is a rough rule of thumb for valuing gold miners. Take the...

  1. daicosisgod
    12,778 Posts.
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    13/09/21
    12:38
    Post #: 56018810
    There is a rough rule of thumb for valuing gold miners.

    Take the value of the resource and value at the current gold price and then take 10%

    1.71 million ounces at A$2430 by 10% gives a MC of A$415m and a SP of 24 cents.
    AUT Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
95.0¢ 		Change
0.005(0.53%) 		Mkt cap ! $456.6M
Open High Low Value Volume
95.0¢ 95.0¢ 93.0¢ $1.091M 1.160M

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