I reckon CLZ with a market cap of $3.3 Million is seriously undervalued. Appears to be oversold and I have been buying.
The Kat Gap, Lady Ada and Lady Magdalene Gold deposits have a combined JORC 2012 gold Resource of 403,900 ozAt $50 an ounce this is $20.2 Million (current gold price is $2500 an ounce), this is without adding exploration potential and mining approvals being in place for Kat Gap .
None of this is investment advice
I reckon CLZ with a market cap of $3.3 Million is seriously...
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.133M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $8.936K | 5.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 129 | 321126805 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 63126421 | 12 |
View Market Depth
| Last trade - 11.13am 28/06/2024 (20 minute delay) ? |
| CLZ (ASX) Chart |