BMO's latest:
Probe’s shares trade at a P/NAV of 0.65x (35% discount) to the 10% NAV estimate of US$2.10/share using the spot gold price of US$1,677/oz. Junior and emerging gold producers in BMO Research’s coverage universe trade, on average, at a 22% discount (0.78x P/NAV) to 10% NAV estimates.