I rarely trust broker analysis (been burned too many times) but for interest's sake here's the latest from Citibank on PRU:
It strikes me as interesting / very conservative that they are still using USD$1600 as their base case in gold long term to reach the $1.90 share price target. The gold price is currently 23% above that level plus Perseus has a significant amount of ounces hedged at just above USD$2000. Anyway, as I said, broker reports are always to be taken with (half) a grain of salt...
So much under valued, page-39
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Last
$2.40 |
Change
0.080(3.45%) |
Mkt cap ! $3.303B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.41 | $2.35 | $5.144M | 2.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28908 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 110015 | 1 |
View Market Depth
| Last trade - 15.59pm 04/06/2024 (20 minute delay) ? |
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Last
$2.41 |
Change
0.080 ( 4.14 %) |
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| Open | High | Low | Volume | ||
| $2.37 | $2.41 | $2.35 | 878596 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| PRU (ASX) Chart |