The war seems to have less impact on gold than US tariffs. While tariffs are being reduced the gold prices falls.
If gold falls back to $2700 usd RMS will have a market cap of $3 billion after the merger. Could oil double which will outperform gold. Oil is a better substitute as an inflation hedge than gold at this point.
An opportunistic time for RMS to pick off companies with 300k plus ounce resources and build a asset portfolio to expand.
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valuation and way forward
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Last
$2.83 |
Change
0.030(1.07%) |
Mkt cap ! $5.449B |
Open | High | Low | Value | Volume |
$2.84 | $2.87 | $2.83 | $9.020M | 3.163M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 44147 | $2.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.84 | 126994 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 57211 | 2.830 |
20 | 162015 | 2.820 |
19 | 198210 | 2.810 |
13 | 91281 | 2.800 |
5 | 72688 | 2.790 |
Price($) | Vol. | No. |
---|---|---|
2.840 | 50962 | 34 |
2.850 | 97581 | 26 |
2.860 | 153323 | 28 |
2.870 | 209566 | 26 |
2.880 | 214083 | 23 |
Last trade - 11.21am 08/08/2025 (20 minute delay) ? |
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RMS (ASX) Chart |