The MO from investors the last few years in relation to the gold miners has been to sell/short on strength. Most investors nowadays are incapable of determining true value, and that is even more the case with the gold miners. This market is now enamoured with meme stocks and investors are mostly momentum chasers today.
I suspect they'll get dragged kicking and screaming toward reality at a point that it becomes impossible for even the dumbest of the dumb to ignore the bottom line and the substantial dividends that are most assuredly coming.
Ann: March 2024 Quarterly Activities Report and Guidance Update, page-20
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Last
$1.96 |
Change
0.045(2.36%) |
Mkt cap ! $2.237B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.98 | $1.94 | $3.456M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 113065 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 20984 | 10 |
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| Last trade - 14.50pm 08/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |