They still look overpriced to me.
The POG has risen over the last year but when you take into account the exchange rate it has really gone nowhere.
On previous earnings the company has a PE of 18 at current prices and a market cap. of over 1.5 billion.
When you consider that Papua New Guinea is not the most stable country in the world then perhaps the recent fall is justified.
From a TA perspective this would be a good point for a rebound.
They still look overpriced to me. The POG has risen over the...
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Last
$63.45 |
Change
0.620(0.99%) |
Mkt cap ! $12.23B | |||
| Open | High | Low | Value | Volume |
| $62.74 | $63.57 | $62.55 | $15.00M | 237.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79 | $63.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.46 | 790 | 1 |
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| Last trade - 15.26pm 03/09/2024 (20 minute delay) ? |
| ASX (ASX) Chart |