doesn't matter what it hits now
what matters is that within the next 12 months the gold price needs to run to $2700usd and sentiment needs to improve
we need the miners to reporting record growth in npat and cash reserves and increasing dividend payments which is higher then the central bank cash rates.
at the current gold price many miners are barely reporting any substantial improvement to their cashflow!!! they keep reporting higher cost. the dividend payments are shockingly low.
This is with gold prices at All time Highs!!!!!!!!!
there is a reason why the market is bearish as F......
back in 2019-2020 it was different. cash rates from CB's were basically 0. dividend yields were hard to come by. the gold prices were higher and the market forward looked dividend payments of 2-3% which were deemed good compared to 0.
currently, it is a different ball game.. We're not going to see bullish level inflows until the gold price is $2700usd+ and miners start paying dividends 9% plus.
- Forums
- ASX - By Stock
- NVA
- General Chat
General Chat, page-7830
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NVA (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.003(1.64%) |
Mkt cap ! $37.75M |
Open | High | Low | Value | Volume |
15.3¢ | 15.5¢ | 15.0¢ | $15.88K | 102.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45773 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 45773 | 0.150 |
3 | 108634 | 0.145 |
4 | 252000 | 0.140 |
3 | 67000 | 0.135 |
7 | 131468 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 100000 | 1 |
0.165 | 22000 | 2 |
0.175 | 10000 | 1 |
0.180 | 27701 | 3 |
0.185 | 10555 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online