Anyone buying now will lose. EVN is getting hammered due to the falling gold price. The gold price has a lot further to drop in the near term before a recovery in the second half of next year. I predict the share price will drop to a low of $1.20 in the next 6 months. CAH hedging of over 250,000 oz @ $1,557.00 will save this stock from going lower.
Get ready for further drops. I would not be buying gold stocks now
quality buying, page-3
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Last
$3.93 |
Change
0.060(1.55%) |
Mkt cap ! $7.804B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.94 | $3.84 | $53.48M | 13.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 81963 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 142627 | 11 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |