EVN 1.61% $3.79 evolution mining limited

I was a long term holder of EVN going back to the CQT days (13...

  1. 1,038 Posts.
    I was a long term holder of EVN going back to the CQT days (13 years) and sold at substantial profit in the past days. I couldn't resist locking in some profits in fear that an unexpected event would cause the market and EVN to tumble again (we were at $3.29 less than 2 months ago!). Notwithstanding, i'm keen to buy back in on any substantial weakness as things look good for EVN. The price can drop to $3.65 and the long term trend line will remain intact.

    I'm surprised the price of gold is not much higher than it currently is. Is it manipulation? Who knows. Will it rise exponentially in the near future as a safe haven due to covid 19? Time will tell. Will there be an disconnect between the price of gold and mining shares?

    The biggest fear i had was that governments across the world may seek to liquidate gold reserves during the covid 19 pandemic to raise $$ and cause the price of gold to come down crashing. I doubt China would ban mineral exports from Australia, but it is a risk as well.
 
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Last
$3.79
Change
0.060(1.61%)
Mkt cap ! $7.526B
Open High Low Value Volume
$3.78 $3.80 $3.73 $34.62M 9.176M

Buyers (Bids)

No. Vol. Price($)
5 242719 $3.78
 

Sellers (Offers)

Price($) Vol. No.
$3.79 155646 12
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$3.78
  Change
0.060 ( 1.56 %)
Open High Low Volume
$3.79 $3.80 $3.73 2706235
Last updated 15.59pm 07/05/2024 ?
EVN (ASX) Chart
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