Gold price is a component of the business value but it isn't the only support. I compared yesterdays closing price for RRL against the gold price for the same day in history over the last 10 years. The gold price yesterday was the second highest we've seen and the share price the third lowest. There's no reason the share price shouldn't move higher with the gold price but stewardship will prove the critical ingredient.
RRL Price at posting:
$2.63 Sentiment: None Disclosure: Not Held
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