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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (348)12/22/1998 7:22:00 PM
From: baystock  Read Replies (2) | Respond to of 472
 
Would you happen to know what the market cap of Randgold is currently.
Their 9 month financials show the number of ordinary shares outstanding as just under 100 million. Yahoo shows around 50 million ADRS outstanding and a market cap of $1 billion. Does this sound right to you ? It seems awfully cheap for a company producing 7 million oz per year. Also would you happen to know if there was any share dilution resulting from the Minorco purchase ?

Ram