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921 Posts.
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09/11/10
15:15
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Hi TonyIndo,
On the charts, 1.17 is KRM's all time high.
It could go anywhere from there. It appears to travel very well along trend.
On fundamentals, the company is valued at about $270 million and is on track to produce 45,000 oz of au p/a at a cash cost of about $150 per ounce.
This equates to about $56 million EBITDA, or pre tax earnings of 22 cents per share.
KRM had its first gold pour in August this year.
RBM has a target price of $1.62 on KRM.
All the best.