NXM nexus minerals limited
Add to My Watchlist 1.72% ! 5.7¢

Hi RabbitohGold Up 2% overnight after a Jumbo Rate Hike of 0.75%...

  1. Cha Cha Charlie
    325 Posts.
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    05/11/22
    07:34
    Post #: 64602147
    Hi Rabbitoh
    Gold Up 2% overnight after a Jumbo Rate Hike of 0.75% a Few Days Earlier? This Bucks the trend of a
    Strong US $ couldn’t prevent this. Recession Fears the Obvious Reason. The Fed announced that rates may continue to rise for some time yet. Markets expected a Pause Sooner rather than Later. There is talk now that the official US Cash Rate could go as High as 6%
    The End is near for a Heavily Oversold Gold Sector / Miners IMO due to Fear / the need for a Safe Haven.
    I’m Hoping in this deteriorating financial climate the
    Timing could be perfect for NXM to make a Strong Rebound within 3 months. Is during this time some Exciting Deep / Diamond Drilling results being Greedy?
    NXM Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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Last
5.7¢ 		Change
-0.001(1.72%) 		Mkt cap ! $34.41M
Open High Low Value Volume
5.7¢ 5.8¢ 5.7¢ $125.0K 2.172M

Buyers (Bids)

No. Vol. Price($)
1 14396 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 90000 1
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Last trade - 15.31pm 30/07/2025 (20 minute delay) ?
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