"At $1700/oz this could easily be a $1.20 but instead is sitting at 20 cps. Why the huge undervaluation here? "
I think the only logical answer has to be that with a mkt cap of only $30m and mkts in "risk off" mode this stock is too small for any major player to be bothered with.
I feel you are correct wIth your >$1 valuation so either add more here if you have the spare bullets or hold tight and enjoy the ride.
CVY Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held