The article below says it all:
”If the price of gold stays stable at today’s levels, gold stock valuations would have to more than double to bring it in line with the historical average since the early 1990s.”
and “There is a chasm between gold price and gold mining shares”.
And junior gold stocks are even more undervalued than larger gold stocks.
https://www.mining.com/charts-there-is-a-chasm-between-gold-price-and-gold-mining-stock-valuations/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=charts-there-is-a-chasm-between-gold-price-and-gold-mining-stock-valuations
CAI Chart - technical analysis, page-479
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CAI (ASX) Chart |
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