EVN 0.00% $3.84 evolution mining limited

Hey @coto & @ValueWorx63Happy Easter! There seems to be a...

  1. 636 Posts.
    lightbulb Created with Sketch. 681
    Hey @coto & @ValueWorx63
    Happy Easter! There seems to be a paradox between the PoG and the sp of miners such as EVN.
    https://hotcopper.com.au/data/attachments/6069/6069520-e8a50afaf5ac05548bdc36c47b81b4dc.jpg
    https://hotcopper.com.au/data/attachments/6069/6069530-4053bdd2344b217bda1a9617ed7433d7.jpg
    EVN's sp is $3 below its ATH of $6.58 (July 1 2020) when PoG was approximately $2073. I'm confident that EVN will exceed it's 2020 ATH this year. The timing will mirror the rate of increase of the PoG. So it may be a matter of a few months.
    The first chart is taken from iGold Advisor, a PMs analyst I've been following for years. Full article here:
    https://www.gold-eagle.com/article/gold-price-breaks-out%E2%80%A6-no-one-cares
    The article concludes as follows:
    Gold has just recorded new record high closes across every timeframe that we could possibly measure. Yet ironically, mainstream investors have not shown interest in the advancing gold market. This is incredibly bullish – as it means that mainstream investors are still to come: they will pile onto the gold market (i.e. “FOMO” [Fear of Missing Out]) at some point in the future – only when prices are much higher. The gold investor today is participating in a stealth bull market. Prices are rising, yet no one is paying attention. Mainstream investors will come eventually. In the meanwhile, let us enjoy the relative solitude of being alone in the gold market while it rises quietly.
 
watchlist Created with Sketch. Add EVN (ASX) to my watchlist
(20min delay)
Last
$3.84
Change
0.000(0.00%)
Mkt cap ! $7.625B
Open High Low Value Volume
$3.80 $3.87 $3.79 $21.33M 5.554M

Buyers (Bids)

No. Vol. Price($)
3 5073 $3.84
 

Sellers (Offers)

Price($) Vol. No.
$3.85 75573 6
View Market Depth
Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
$3.84
  Change
0.000 ( 0.17 %)
Open High Low Volume
$3.80 $3.87 $3.80 1767321
Last updated 15.59pm 13/05/2024 ?
EVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.