this is all educated speculation
the uranium asset split to understand its current true worth if a offer comes
imo its best to compare peers value similar or as close in size similar jurisdiction and conditions ( difficult )
in the last 3 years the spot price of uranium has tripled
most asx miners with a resource have increased in value in somewhat same time
yet toro has somewhat decreased in value in the same time even accounting for the the ban
I think toro is $100m undervalued as it currently stands
the comparison to peers on the asx with no mines
Bky similar size resource mining bans Spain current market cap $127m
cxu about a third of toro in resource mining ban WA market cap $52m
age about less than half of toro SA ok mining market cap. $250m
bmn about double of toro Africa ok mining market cap $600m
Dyl more than double Africa & Australia oh mining market cap $1.2b
Just a thought imo
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Mkt cap ! $37.28M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42906 | 30.5¢ |
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Price($) | Vol. | No. |
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29.5¢ | 3267 | 1 |
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No. | Vol. | Price($) |
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1 | 42906 | 0.305 |
5 | 12653 | 0.300 |
5 | 87004 | 0.295 |
10 | 154558 | 0.290 |
3 | 48143 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 3267 | 1 |
0.305 | 38095 | 1 |
0.310 | 10864 | 4 |
0.320 | 4170 | 3 |
0.330 | 1800 | 2 |
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