Gold equities are a trade....but sometimes the trade is 5 years or even 10. You are trading wit the gold bull market, when the gold cycle peaks you exit.
Secret is the exploration upside. The big fellas need to take over the little ones to keep their reserve level
KCN has exceptional exploration upside but will take 3 to 5 years for that upside to be realised and priced in
Then you weigh that against operational and sovereign risk and place your bet
Gold equities are a trade....but sometimes the trade is 5 years...
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Last
$1.52 |
Change
0.000(0.00%) |
Mkt cap ! $390.4M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.53 | $1.49 | $516.7K | 342.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14976 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 3182 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |