Panoro Minerals Ltd.
Upgrades & Expands One of the Largest Undeveloped Copper-Gold Deposits
Published: 2/9/2024
Author: Sid Rajeev, B.Tech, CFA, MBA
Sector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
PML.V - NEO 🔹
POROF - NASDAQ 🔹
Rating and Key Data
| Metrics | Value |
|---|---|
| Current Price | US $0.11 |
| Fair Value | US $0.67 |
| Risk | 5 |
| Week Range | US $0.09-0.15 |
| Shares O/S (M) | 264 |
| Market Cap. (M) | US $29 |
| Current Yield (%) | n/a |
| P/E (forward) | n/a |
| P/B | 0.8 |
Highlights
PML has completed an updated resource estimate for its flagship Cotabambas project in Peru, which is one of the largest copper-gold deposits held by a junior in the Americas.
Resources increased by 31% to 6.7 Blbs of copper, 6 Moz gold, 80 Moz silver, and 54 Mlbs molybdenum. 55% of resources are in the indicated category vs just 21% for the previous estimate, implying increased confidence.
Rating and Key Data
| Metrics | Value |
|---|---|
| Current Price | US $0.11 |
| Fair Value | US $0.67 |
| Risk | 5 |
| Week Range | US $0.09-0.15 |
| Shares O/S (M) | 264 |
| Market Cap. (M) | US $29 |
| Current Yield (%) | n/a |
| P/E (forward) | n/a |
| P/B | 0.8 |
