R2R
DOM has been a dog in the gold sector for a while and I always wondered why it was not rated with the gold price.
Fundamentally, it shows up as a strong buy on the analyst reports (target price $5.50) however there has been a strong seller as shown by the charts. This stock also pays a dividend as well.
The reasons I gathered was that DOM is one of the more conservative gold plays and it doesn't offer the growth profile of other small/mid tier plays like KCN, SGX etc.
Having said that, I'm hoping that trend is about to change we're but a short percentage point positive movement in gold price to confirm this move.
endless112
R2RDOM has been a dog in the gold sector for a while and I...
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