hottuna, you're right, I was poking the sleeping dog a bit there. Because people were saying that it was worth a lot more than 60c - without giving any reason. But, there was no reason it was ever worth $36 either, except for the sentiment that goldies were cheap at any price because (the sentiment was) gold is going to da moon. On fundamentals, it is a much better buy at 60c than it ever was at $36. And St Barbara is a worse buy at 12c than it was at $5.76.
Quite honestly, there are no metrics for valuing gold companies IMO. I am watching several, and I think that RSG and ABU are two of the best to buy when it is clear that gold is in an uptrend - and the sentiment has turned!
Ann: Resolute Operational Update, page-19
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Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $915.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.3¢ | 42.3¢ | $8.553M | 19.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 300246 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 50870 | 3 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |