Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Rubicon Minerals: Weakness After The Secondary Offering Leads To A Buying Opportunity

(*Note that the company uses Canadian dollars to report its financials, and to make things easier for myself and for the reader, I have followed suit when referencing the company's financials. I will give a final valuation analysis in U.S. dollars after I have worked through the details in Canadian dollars. I am using an exchange rate of USD/CAD = 1.122).

(**Note also that due to the recent secondary offering, the company's shares outstanding total 363.1 million, making the company's valuation $410 million as of the end of trading on March 21st. You may see the company's market capitalization listed as $326 million, which is the valuation if you look at the previous share count of 288.8 million shares multiplied...

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