this is all educated speculation
the uranium asset split to understand its current true worth if a offer comes
imo its best to compare peers value similar or as close in size similar jurisdiction and conditions ( difficult )
in the last 3 years the spot price of uranium has tripled
most asx miners with a resource have increased in value in somewhat same time
yet toro has somewhat decreased in value in the same time even accounting for the the ban
I think toro is $100m undervalued as it currently stands
the comparison to peers on the asx with no mines
Bky similar size resource mining bans Spain current market cap $127m
cxu about a third of toro in resource mining ban WA market cap $52m
age about less than half of toro SA ok mining market cap. $250m
bmn about double of toro Africa ok mining market cap $600m
Dyl more than double Africa & Australia oh mining market cap $1.2b
Just a thought imo
this is all educated speculation the uranium asset split to...
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $53.52M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 44.0¢ | $61.86K | 136.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9687 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 7201 | 3 |
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| Last trade - 14.01pm 20/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.005 ( 3.53 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 45.5¢ | 43.5¢ | 46438 | ||
| Last updated 14.06pm 20/05/2024 ? | |||||
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