ARD is only the undervalued at the right silver price,
below that, it's not economical, and will never get off the ground.
they only paid $3m for Kempfield didn't they?
and if you picture mining stocks like a big call option on the metal, that $3m was a big out of the money call option on silver
but $43-44 silver is where ARD's delta starts to kick in
might be time start watching more closely
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $31.81M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $118.9K | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3581053 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1844464 | 1 |
View Market Depth
| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |