RSG 2.22% 66.0¢ resolute mining limited

RSG unloved, that's why I am enamoured, page-14

  1. 4,520 Posts.
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    I would say before debt repayment the PE would be about 3.
    After debt repayment I suspect a PE ratio of around 4-5 at the current market cap.

    There appears to be one large seller & its being hidden in multiple orders.
    The reason why I think this is the case as there maybe 30 sellers for 200k shares at 38.5c & then all of a sudden 100k or 150k of shares gets put through at 38c reducing the offer by the same amount.
    However overall the SP has stood up very well considering & there seems to be a bit of a battle going on between buyers & sellers at the 38c mark.
    Good sign of a bottom hopefully. Obviously subject to what the POG does.

    Yep I have a target of 70c+ if gold does what I think it will in the next month or so.
 
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Last
66.0¢
Change
-0.015(2.22%)
Mkt cap ! $1.405B
Open High Low Value Volume
66.0¢ 66.5¢ 64.5¢ $6.512M 9.931M

Buyers (Bids)

No. Vol. Price($)
4 131650 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
66.0¢ 397181 5
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
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