MML 1.21% 81.5¢ medusa mining limited

medusa share price reflects actual production

  1. 601 Posts.
    Medusa is a great story because of its margins. However the share price will only reflect actual production not projected production. This is because the management has a reputation of not meeting expectations and targets. We have been told for several quarters how they are moving toward 40,000 oz. Reality is they only produced 7000 oz for the quarter so on a yearly basis that 28000oz for the year which is a 30% short fall. The markets are only responding to actuals. The only thing that will save many shares are when interest rate fall to 3% so that the yield basis re-adjusts to reflect lower interest rates.
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Mkt cap ! $169.3M
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79.5¢ 81.5¢ 79.5¢ $170.7K 211.6K

Buyers (Bids)

No. Vol. Price($)
2 3200 80.0¢

Sellers (Offers)

Price($) Vol. No.
81.5¢ 5662 1
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Last trade - 16.10pm 29/10/2020 (20 minute delay) ?
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