CMM 0.16% $6.43 capricorn metals ltd

Not a lot of stock on offer up to the 10cent mark. Based on what...

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  1. 11,185 Posts.
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    Not a lot of stock on offer up to the 10cent mark.

    Based on what I can see of the early grade and early strip ratio mix, if you were comparing these numbers with GCY's Gilbeys gold deposit, there is no comparison, Bibra wins hands down on a value and mining risk basis IMO (a very big value mismatch happening in the market between these two companies at the moment IMO).

    The only clear difference is that GCY is well supported by the market, whereas CMM doesn't seem to have much following or broker support for its SP.

    If this company could find another viable extension or nearby deposit to Bibra it would start looking like a decent buy in my book. They have allocated a reasonable amount to exploration so worth keeping an eye on them. Definitely value emerging in this story IMO. Esh
 
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Last
$6.43
Change
0.010(0.16%)
Mkt cap ! $2.397B
Open High Low Value Volume
$6.43 $6.55 $6.42 $531.6K 82.04K

Buyers (Bids)

No. Vol. Price($)
4 205 $6.43
 

Sellers (Offers)

Price($) Vol. No.
$6.44 2986 24
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Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
CMM (ASX) Chart
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