An illustration of how fickle the stock market is can be is by comparing these 2 stocks. RMS has just ann. a resource of 83k oz. of gold (I'm sure there is more)at an overall grade of 16oz./ton. It's SP has traded as high as $2.20 and now sits at $1.20 and at the moment they are not producing any gold to speak of. On the other hand CTO has a JORC'd resource of 10 mil. oz. of gold at 14.7oz./ton and is one of the cheapest producers per ton in Aus. It's SP has stalled in the $.40-.50 range for months, while producing 6-7k oz. per month and increasing. To my mind either one of these is greatly overpriced or the other much underpriced. Which do you think it is? I own both, although I have sold 90% of my RMS.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2791282 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 9056171 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2791282 | 0.004 |
16 | 11887354 | 0.003 |
8 | 10395025 | 0.002 |
10 | 14202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 9056171 | 16 |
0.006 | 19446758 | 5 |
0.007 | 2263000 | 4 |
0.008 | 4843671 | 8 |
0.009 | 2370800 | 4 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
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