when you say 'one broker', I can show you other brokers that say on fundamentals this stock is a bargain; I am always about fundamentals and not emotion (hopefully)
morningstar (even after the rainout extention) have this as $16.35 fair value with a buy and say
"It's not for conservative investors, but circa $190m net cash levels, an existing treatment plant including radio metric ore sorting and laterite circuit upgrades, a near upgraded tailings facility and 20kt (44Mlb) of above-ground uranium oxide reserves in lower grade but readily treatable stockpiles suggests a healthy foundation stone. Add to that 9kt (20Mlb) of reserves in Pit 3, potential for Ranger 3 Deeps, a heap leach, and general exploration upside, and things really get interesting."
Macquarie are negative on ERA but say
"We lower our target price to A$5.50 (from A$9.50) after incorporating the impacts and risk weighting of the heap leach and Ranger underground projects."
So a postive mob say $16.45. A negative mob say $5.50. I would assume the truth lies somewhere between.
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $221.4M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $59.14K | 5.388M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 415948 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 838392 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 365948 | 0.010 |
6 | 2357903 | 0.009 |
9 | 1117750 | 0.008 |
7 | 2491384 | 0.007 |
16 | 4283326 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 838383 | 2 |
0.012 | 2476237 | 6 |
0.013 | 365600 | 2 |
0.014 | 968326 | 4 |
0.015 | 1500000 | 3 |
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