BCN 8.70% 2.5¢ beacon minerals limited

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  1. 58 Posts.
    lightbulb Created with Sketch. 13
    Life of mine revenue over 5 years = $208 million
    Shares outstanding = 2.1 billion
    works out to about 9.6 cents per share.

    Caveat:
    -revenue based on old gold price of $1650/oz instead of the current ~$2200/oz, which is 33.3% more
    -future exploration, new tenements and resources still to be factored in.
    -uncertainties which I'm unfamiliar with such as gold price hedging, corporate tax, royalties, contingency plan if production is slowed due to equipment failure, workforce or environmental issues.
    -and lastly, for those of you who believe in Morningstar's valuation, it's currently sitting at 5.5 cents per share. They've been pretty spot on with the valuations too... rolleyes.png

    Let's keep calm for now and hope BCN stays as a stable stock for long term investment, rather than a pump & dump daytrading stock.
 
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Last
2.5¢
Change
0.002(8.70%)
Mkt cap ! $93.91M
Open High Low Value Volume
2.5¢ 2.5¢ 2.4¢ $58.53K 2.409M

Buyers (Bids)

No. Vol. Price($)
6 2156827 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 6140825 13
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
2.5¢
  Change
0.002 ( 4.26 %)
Open High Low Volume
2.4¢ 2.5¢ 2.4¢ 586934
Last updated 15.38pm 28/03/2024 ?
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