Yep, would have to agree. Just worried about the gold price. I think the management and balance sheet are impeccable, but gold is in a pretty bad overall downtrend. The recent uptick in gold has been from equity market volatility, but this is likely to subside.
In saying that, PRU should soon be able to manage to mine gold for well under $1000 per ounce, which would very much help inspire more confidence.
Ann: 2015 Financial Results Presentation, page-3
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$2.58 |
Change
0.040(1.57%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $10.02M | 3.929M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2300 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 66207 | 6 |
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