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
On the Thursday before Easter BGL closed at $1.885 with spot...
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Last
$2.03 |
Change
0.030(1.50%) |
Mkt cap ! $2.390B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.06 | $2.01 | $7.893M | 3.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 178236 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 77587 | 9 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |