RRL 2.12% $1.62 regis resources limited

July latest brokerage report

  1. 577 Posts.
    Post annoucement
    Latest (previous)

    Citi: 1.77 (1.56)
    UBS: 1.9 (1.51)
    GS: 1.5 (1.75)
    JPM: 1.65 (1.55)
    PCF: 1.34 (1.42)
    Hartley: 1.68

    Gold currently 1100 USD/oz, and fx is .7284, which means still over $1500/oz

    I read all the above reports, I did not buy because they said so. I still think the only issue with RRL is RRL itself with their production woes, grades and mine life. They seem to address this quite adequately, my personal target is $1.5 in the short term but $1.8 long term. Their cost of production is very low compare to most, serisously undervalue against their peers and they are hedged with a floor of $1425/oz which is still very profitable.

    I'll be accumulating if this doesn't hit $1.4 on Monday.

    Dyor
 
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Last
$1.62
Change
-0.035(2.12%)
Mkt cap ! $1.220B
Open High Low Value Volume
$1.56 $1.64 $1.51 $18.53M 11.68M

Buyers (Bids)

No. Vol. Price($)
1 6000 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.62 3208 3
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Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
RRL (ASX) Chart
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