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Adriatic Metals

If gold reaches $4,000 per oz and silver reaches $100 per oz

RO
RockeTellerInvested
Community Contributor
Published
September 26 2024
Updated
December 06 2024
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RockeTeller's Fair Value
AU$15.00
70.2% undervalued intrinsic discount
06 Dec
AU$4.47
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1Y
13.2%
7D
-3.5%

Author's Valuation

AU$15.0

70.2% undervalued intrinsic discount

RockeTeller's Fair Value

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Adriatic Metals: Stock Price Estimate at $4,000 Gold and $100 Silver

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Assumptions

1. Total Production: 15M oz AgEq annually.

2. Breakdown of Production:

Gold: 20% of AgEq = 3M oz.

Silver: 40% of AgEq = 6M oz.

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Revenue Calculation

1. Gold Revenue:

Gold Production = 3,000,000 oz.

Gold Price = $4,000/oz.

Revenue from Gold = 3,000,000 × 4,000 = $12,000,000,000.

2. Silver Revenue:

Silver Production = 6,000,000 oz.

Silver Price = $100/oz.

Revenue from Silver = 6,000,000 × 100 = $600,000,000.

3. Total Revenue:

Total Revenue = $12,000,000,000 + $600,000,000 = $12,600,000,000.

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Valuation

1. Market Cap Estimate:

Using $100/oz for total AgEq production:

Market Cap = 15,000,000 × 100 = $1,500,000,000.

2. Stock Price Calculation:

Shares Outstanding: 100M (assumed).

Stock Price = Market Cap ÷ Shares Outstanding.

Stock Price = $1,500,000,000 ÷ 100,000,000 = $15.00.

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Conclusion

If gold reaches $4,000/oz and silver reaches $100/oz, and based on a production of 15M oz AgEq annually, the estimated stock price for Adriatic Metals could be around $15.00 per share.

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Note:

This calculation is a simplified estimate. Actual valuations could vary due to factors like production costs, market conditions, and operational performance.

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Disclaimer

The user RockeTeller has a position in ASX:ADT. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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