On the Thursday before Easter BGL closed at $1.885 with spot gold at $AUD 3,358.
GOLD is now trading up 10% since then ( up $300)
Normally when the underlying commodity of a stock increases by 10% the stock price increases by 20 to 30%
$1.885 plus 20% = $2.26
Recent heavy rain and flooding in WA may have caused concern to Bellevue's March production figures.
A solid quarterly report with an improved head grade will be good catalyst for the share price.
GLTA
Charts!, page-653
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Last
$1.81 |
Change
-0.050(2.70%) |
Mkt cap ! $2.125B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.93 | $1.81 | $131.4M | 72.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 6188 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BGL (ASX) Chart |