Chart still looks strong but difficult to predict short term direction over the next few days with POG volatility over Syrian news.
Fundamentals excellent but we could get dragged lower by the sector at times. This is one of very few gold stocks with consensus "buy" (the only one I know of).
Many others are rated at underperform or sell so we should expect strong volatility for the sector on relatively small moves in POG. That volatility is likely to affect MML.
I won't be surprised to see gold retest $1,350 although that doesn't necessarily mean that it will.
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57.0¢ |
Change
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Mkt cap ! $130.1M |
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