Even last week, I could not imagine that the stock price would fall to this level. A friend of mine is able to grab RSG stocks on the cheap now. He had put in orders near $1. He could well have had his order go through.
On a relative basis against mid-tier gold mining companies, it appears they are moving down. We are still waiting on information relating to the company's production and if the Syama mine development will pay off both in volume and lower cost.
I like what I have seen thus far. In the short term, I think this company doesn't seem to be going anywhere too far yet. Need more news confirming if they have turned around. I am looking for reducing their net debt signficantly, at least $20m, for the Sept quarter
Bottom here?, page-6
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Last
53.0¢ |
Change
0.015(2.91%) |
Mkt cap ! $1.128B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.5¢ | 52.0¢ | $13.30M | 25.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 280119 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 1254766 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |