looks like everything is aligning perfectly for EXM at the moment, we have gold on the rise again back above $800 usd oz, a huge improvement in sentiment in the global sharemarkets which is likely to be fueled further on December 11th with the Federal Reserve likely to cut interest rates by 50 basis points, we have seen the positive momentum begin in EXM trading as we head towards next weeks highly anticipated Tennant Creek gold results and judging by yesterdays increase in volume it will be traded fast and furious over the next week.
given the positive market sentiment towards spec gold explorers it wouldn't at all surprise if EXM breaks the 5c barrier before the Tennant Creek results and then surges even further if the first set of results show positive signs.
EXM has appeal to both traders/investors with traders happy to trade on the lure of spectacular gold grades and investors the potential of a 2.5 million oz high grade tennant creek deposit.
I have no idea what the next week holds for EXM but one thing is sure it will be exciting watching what unfolds.
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Last
$3.38 |
Change
-0.100(2.87%) |
Mkt cap ! $243.1M |
Open | High | Low | Value | Volume |
$3.46 | $3.46 | $3.35 | $33.90K | 9.933K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $3.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.44 | 610 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3871 | 3.320 |
2 | 1000 | 3.310 |
4 | 8212 | 3.300 |
1 | 4000 | 3.290 |
1 | 2000 | 3.270 |
Price($) | Vol. | No. |
---|---|---|
3.440 | 835 | 2 |
3.450 | 90 | 1 |
3.460 | 1987 | 2 |
3.470 | 1200 | 1 |
3.480 | 500 | 1 |
Last trade - 10.18am 25/07/2024 (20 minute delay) ? |
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