Gold in AUD has dropped by $250 from it's peak, which is roughly 8%. But all gold miners are leveraged to gold by virtue of the margin between AISC and the gold price. It's not rocket science why CMM (and other gold miners) have dropped more than the price of gold.
CMM CHART, page-254
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Last
$5.97 |
Change
-0.010(0.17%) |
Mkt cap ! $2.253B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $5.97 | $5.85 | $3.907M | 658.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61 | $5.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.97 | 4562 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CMM (ASX) Chart |