The war seems to have less impact on gold than US tariffs. While tariffs are being reduced the gold prices falls.
If gold falls back to $2700 usd RMS will have a market cap of $3 billion after the merger. Could oil double which will outperform gold. Oil is a better substitute as an inflation hedge than gold at this point.
An opportunistic time for RMS to pick off companies with 300k plus ounce resources and build a asset portfolio to expand.
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 (20min delay)
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Last
$2.48 |
Change
-0.040(1.59%) |
Mkt cap ! $4.741B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.49 | $2.43 | $21.81M | 8.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8089 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 45020 | 4 |
View Market Depth
| Last trade - 16.12pm 01/08/2025 (20 minute delay) ? |
| RMS (ASX) Chart |