I'm the last person you should ask .
Clearly the downward spiral :
1.is caused by GP not company factors
2.Effects all gold producers
3.will continue IF the gp continues to fall OR will reverse if it rises
Someone has said $1765 is a gold support and if they are right perhaps that is the bottom but I don't know .
I do further believe RMS and the whole sector are cheap EVEN AT THIS GP based solely on their profitability which will still be strong at this GP.
Fundamentally strong , technically weak .
Limit of my knowledge on the subject !
Ann: RIU 2021 Explorers Conference presentation, page-17
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |