Values When you adjust the equity of TRG for the yo yo contingent consideration, you get a book value of about $24 million dollars or about 40 cents a share.
now book values are sometimes dicy when the underlying commodity is depreciating, but to be trading at an 80% discount to book value suggests this may well be undervalued right now.
The sudden drop in gold & the unwinding by a large holder(s) seems to have resaulted in an undershooting of value for this stock.