re: Ann: Resource Capital Research - Analyst ... Re: RCR's valuation.
RCR's target price of $1.80-$2.00 for KRM is conservative
given that this analysist's assumptions of gold and silver prices for 2014 are $1183 & $22.70 respectively per oz.
Given the basket cases of the world's two biggest economies, the USA & the Eurozone, one wouldn't need to be
a goldbug to reckon that both gold & silver are not likely to drop that amount in the next 3 years.
Just look at broker/analysts' valuations over the past 3 years and you'll see forecasts for the POG ( which underpins all valuations)in 2011 sub $1000 which is 60% shy of where it is today!
Cheers and hang-in there.
Moorookamick
Ann: Resource Capital Research - Analyst Report 4, page-2
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $26.37M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $6.507K | 193.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 320000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 151333 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KRM (ASX) Chart |
