RRL 0.55% $1.82 regis resources limited

Thanks for the information Nordesmic Seems to be an interesting...

  1. 372 Posts.
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    Thanks for the information Nordesmic
    Seems to be an interesting stock, I have been looking for a gold stock to put some money into. I don't expect gold to go up significantly in the near future but it will eventually.
    I think the dollar might play out in this stocks favor as the DXY index is going up. If we see the AUS come down a bit all the more profit for RRL.
    Interesting you say the PE is around 8 as this tells me there's lack of confidence in the stock, hopefully we will get some good news coming through which might lift confidence levels. Current quarter cash in hand was $24,175,000 not including gold held.
    For now with low dept and a company that's actually making money, I'll start to accumulate on the dips and hold, Also if it starts to form a trend upwards past your ceiling level it may also be a time to buy in, you never know with this one.
    Cheers 5Riven
 
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Last
$1.82
Change
0.010(0.55%)
Mkt cap ! $1.374B
Open High Low Value Volume
$1.85 $1.85 $1.80 $26.27M 14.14M

Buyers (Bids)

No. Vol. Price($)
1 227466 $1.82
 

Sellers (Offers)

Price($) Vol. No.
$1.83 173839 7
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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