STT Week Start - 20th Oct., page-53

  1. 22,120 Posts.
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    Entry for STT List OVR
    Canadian focused Zinc developer
    Market Cap $2m Cash $1m EV $1m

    Yukon Zinc Deposit JORC [email protected]% Zinc

    Company successfully renewed its Zinc Deposit permit for 7yrs and has began a work program

    Closest ASX peer comparison is EMX which only has a target of 7-10Mts@6% Zinc and this is only a target vs OVRs JORC yet EMX trades with a Market Cap around $20m almost 10x that of OVR

    On a peer comparison OVR could trade well over 10c being a $20m market cap which would put it inline with EMX but it will have an actual JORCd deposit vs EMXs Target New Projects

    Company offers great exposure to the Zinc sector as it has a tiny market cap yet offers a decent high grade JORCd Zinc deposit


    Major Holders are Glencore and Macquarie Bank
 
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