Popularity Contest. Just an opinionPeople are inspired by high grade gold. If you compare this stock to CRJ then CRJ wins the popularity contest even though it is worth actually much less...but it has a high grade gold. The same with ROX which is another high grade gold stock. It has less value than TGZ but wins the popularity contest. AR is another company with no debt but again it doesn't have high grades and so it doesn't win the popularity contest. It really is what triggers the human imagination. Low grade is not as exciting as high grade even if the company is not in production.
Now PRU has been rumoured a takeover target for some years now. If this occurs it may be well after people stop talking about it.
As it stands the company is very well run and was smart enough to hedge for the rainy day which came. Thankfully they were on the money. Their team is sharp and there's no doubt about that. They also appear ethical in their attempts to do well by their miners. I do believe this is a solid company. If you want a stock that's hot then CRJ is the one but maybe it's a bit late? Then there's PVG which is a likely takeover but expensive. and again late.
If you want a really speculative stock which is best bought just before drilling season try SKE. That could be a mover and a shaker but is dead over the winter months.
I'm holding PRU and happy to do so. This company team has and will win the endurance contest.