Someone correct me if I am wrong, but the broker valuations of RED are on assumptions of A$1300-$1400 gold over next years production. If A$1700-1800 is sustained, this would significantly increase profits and very likely reserve/resource. This higher gold price has not yet been factored in. Same story across other gold equities.
friday night gold rally?, page-3
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $2.380B | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.0¢ | 34.8¢ | $7.381M | 20.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 500592 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 479161 | 12 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |