The spot price for gold moved up to $1685 overnight it's highest close since 2011 and if Newmont Corp on NYSE is anything to go by (up 13.42%) SBM and other Aussie gold miners should see some impressive gains when trading resumes on Tuesday.
IMO I really think things are looking better all the time.for SBM and other well run gold miners however expect some high volatility as the bigger players shake the tree in attempts to gain the lions share. Plenty of upside for those that hang tough.
$3.90 valuation by GS updated, page-379
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Last
24.5¢ |
Change
0.035(16.7%) |
Mkt cap ! $200.4M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 24.5¢ | 21.8¢ | $2.535M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 927311 | 17 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |