I meant half of their current market cap in profit, so that they will make around $45M in profit (AUD) if silver is $50 USD in 2022. Original post could do with some slight edits to make it clearer. No other small cap silver competitor on the ASX can compete with MKR in regards to profit it will make this year, and no other silver stock on the ASX will be able to compete in relation to its market cap to profit ratio. South32 (S32) who own the worlds largest silver mine for instance has already seen a near doubling of its stock price since last year.
In the unlikely event Manuka Resources gave all that profit away in a dividend you would receive ~17c per share, or half the current share would have been paid for by the dividend at this current price in a single year. You would probably more realistically be looking at 5c per share.
And of course if silver goes even higher than the profits they will make in 2022 will be insane, it will be the talk of the town due to that market cap to profit ratio.
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I meant half of their current market cap in profit, so that they...
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $32.50M |
Open | High | Low | Value | Volume |
3.8¢ | 4.1¢ | 3.8¢ | $30.43K | 767.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 132666 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 21779 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 132666 | 0.039 |
3 | 240959 | 0.037 |
3 | 312773 | 0.036 |
1 | 10000 | 0.035 |
2 | 135709 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 21779 | 2 |
0.042 | 3970 | 1 |
0.043 | 94059 | 1 |
0.045 | 107527 | 3 |
0.046 | 64901 | 4 |
Last trade - 13.09pm 18/06/2025 (20 minute delay) ? |
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