This is the only stock I have ever traded where every time I acquire it I sell at a profit. I jumped back onboard this week.
Due to the buoyant price of gold, most of the quality producers are reporting exceptionally good profits, which makes sense, The last example of me buying into a gold producer just before the release of results was EVN (in at $3.92 and out at $4.05 after the announcement). I have a feeling that when RMS release their FY2021 result that this will move the share price above $1.60. If this occurs I will move on and play the same game with other stocks that I have my eye on.
RMS August Broker reports, page-54
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Last
$2.33 |
Change
-0.060(2.51%) |
Mkt cap ! $2.691B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $6.540M | 2.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163521 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 67017 | 5 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |