At $1.5B MC, this is not a small cap mining stock and earnings are very important.
At current share price and gold price, forward PE for FY '17 sits at around 9 (by my calcs). So over valuation vis-a-vis peers is not a concern at this juncture. So unless something is amiss on the ground, the sell down today is possibly just good ol' profit taking. I remain long today unless something more substantive and fundamentally negative is confirmed.
At $1.5B MC, this is not a small cap mining stock and earnings...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6399 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 6400 | 1 |
View Market Depth
| Last trade - 09.13am 02/12/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
Day chart unavailable
