How long will the gold share market sustain this deep trough, and lack of interest??
About the mining stocks, the HUI is currently 270. The high in 2011 was 630. So the HUI is 360 points lower than its high when gold was trading $1,920 in2011. The undervaluation of the mining stocks will not be a state of permanence. The HUI will eventually smash the previous record of 630,and when the miners are finally in the manic phase you can expect some pretty wild prices on the upside in these stocks. Use weakness to accumulate the high-quality names in the meantime.
Best looking weekly chart, page-2067
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 (20min delay)
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Last
$14.39 |
Change
0.140(0.98%) |
Mkt cap ! $16.54B | |||
| Open | High | Low | Value | Volume |
| $14.30 | $14.43 | $14.26 | $44.21M | 3.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10808 | $14.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.39 | 14883 | 4 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$14.40 |
Change
0.140 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| $14.30 | $14.43 | $14.26 | 385272 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| NST (ASX) Chart |