IMO...gold being forgotten and the search for yield.
I said back around 4 months ago the price of gold was going to pull back and was laughed off the page.
My gut feeling is now saying 1350 to 1400...Gold stock prices are likely to drift lower.
Now am I bagging Nova...absolutely not, but I think the gains are frozen.
Look for low debt levels, low cost of production and good deposits in your gold stock the speculations may struggle.
POG
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Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $15.38K | 75.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 14067 | 4 |
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| Last trade - 11.59am 24/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |