This is not a normal market so it is pointless to expect normal/logical responses.
I also own EVN and SAR and a few others.
Given that gold in $AUD is around $2700 per ounce these guys are making $1700 profit per ounce on arund 800k & 400k ounces
respectively. You do the maths. Their share price should be $10 plus but they are less than half of that.
However with money being printed now in almost unimaginable quantities the environment for gold could not be better and gold miners
are leveraged to the physical.
So when all the scary stuff settles down - and it will, then gold producers will be in great demand and in my view holders of
gold stocks will be very glad that they are.
Best of luck
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Last
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Change
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Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.5¢ | $118.9K | 4.584M |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 1194880 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.6¢ | 603184 | 1 |
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No. | Vol. | Price($) |
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5 | 1194880 | 0.025 |
6 | 1227499 | 0.024 |
1 | 45000 | 0.023 |
4 | 1440000 | 0.022 |
2 | 72476 | 0.021 |
Price($) | Vol. | No. |
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0.026 | 603184 | 1 |
0.027 | 250000 | 1 |
0.028 | 4211408 | 4 |
0.029 | 974093 | 4 |
0.030 | 4772087 | 17 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
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Change
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