GOLD 0.51% $1,391.7 gold futures

Why Goldie shares are going up?

  1. 606 Posts.
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    Could someone please share some light into the reason why goldie stock shares are going up, whilst the POG hasnt increased that much compared to share price of goldie stocks.
    I dabble with SAR, NST and EVN when opportunity presents itself.
    Back in February, the POG peaked at AU$ 1590 and the price of SAR was .44, NST 2.36 and EVN 1.05.
    Currently the POG is AU$1550 and the price of the above stocks are higher..
    With todays POG, I thought a fair price for SAR would be around .43.
    Could someone please enlighten. I am trying to understand the reason behind the movement.
    thanks
 
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