Pretty much all gold stocks are down and it's normal as interest rates are tightened and the US Dollar strengthens. The result is a falling gold price and this is pretty much the only thing most gold stock investors look at. Companies like DEG not yet in production will be hit extra hard. I suspect this will be falling below $1 very soon. If you are a long term investor here then it's nothing to worry about.
Chart - TA, page-2588
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Last
$1.23 |
Change
0.020(1.66%) |
Mkt cap ! $2.935B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $8.926M | 7.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 334167 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |