Someone correct me if I am wrong, but the broker valuations of RED are on assumptions of A$1300-$1400 gold over next years production. If A$1700-1800 is sustained, this would significantly increase profits and very likely reserve/resource. This higher gold price has not yet been factored in. Same story across other gold equities.
friday night gold rally?, page-3
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Last
35.5¢ |
Change
-0.015(4.05%) |
Mkt cap ! $2.414B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 35.5¢ | $4.228M | 11.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 1608944 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 1679823 | 69 |
View Market Depth
| Last trade - 11.34am 27/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |