XAO 0.14% 8,013.8 all ordinaries

MZZ - Matador Mining Very cheap gold stock with highly...

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    MZZ - Matador Mining

    Very cheap gold stock with highly prospective land in Canada.

    Price: $ 0.26
    Market Cap: 5.3m
    Cash: 2.6m
    EV: 2.7m
    Soi: 20m
    T20: hold roughly 50%

    Brokers been buying this one up over the last month. Bell potter +1m units ($300k) with zero selling. Hartleys net +550k units ($132k). Looks like still a ramp to come. Price currently discounted to broker averages too.

    Havent got an updated T20 but will try hunt one down. Last one from prev annual report shows Evan Cranston as no.1 holder. Sacco and Blu Bone also in there. Mgmt experienced too, Patrick Walta part of team. Director bought on market last month, 50k @ 30c.



    MZZ report.PNG

    MZZ gold.PNG

    All IMO / DYOR
 
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