If the market for Juniors remains in the doldrums as of now, then MYG's SP, largely based on fundementals, may only inch forward.
However, once in a while (e.g. 1979 and again in the 90's), gold markets have a habit of taking off, where sentiment takes over and fundementals go out the window. The opposite of what we are experiencing at the present in fact.
When, not if, this happens, I doubt MYG will stay at 15c or 20c. Question is, will these conditions be in place prior to 2020?
We wait.
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Last
$1.03 |
Change
0.030(3.00%) |
Mkt cap ! $96.07M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | $1.02 | $108.8K | 106.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51216 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 40000 | 1 |
View Market Depth
| Last trade - 13.00pm 18/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |