RMS tends share price tends to track the gold price slightly above the gold price movement.
Today gold rose 1% RMS rose 2.2%
Being very conservative. If the gold price rises by a further 25%, It would be reasonable to expect a 40% rise in RMS share price.
$2.20 to $2.50 is achievable.
In 2022 the market will likely keep gold above 2000 ounce, unrest in Europe has spooked markets and there are billions in investments which will likely be funneled into gold. This should keep gold bouncing between $2500 and $3000 USD ounce for some time.
I cant see any other alternative, energy, currency, and resources are too volatile.
- Forums
- ASX - By Stock
- RMS
- gold $3500 aud with 21 days
gold $3500 aud with 21 days
-
- There are more pages in this discussion • 78 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 RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.18 |
Change
0.000(0.00%) |
Mkt cap ! $2.502B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3399 | $2.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.08 | 175 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3399 | 2.290 |
9 | 11131 | 2.250 |
4 | 10862 | 2.230 |
1 | 644 | 2.220 |
2 | 5229 | 2.200 |
Price($) | Vol. | No. |
---|---|---|
2.080 | 175 | 1 |
2.130 | 6798 | 2 |
2.170 | 594 | 1 |
2.180 | 10528 | 1 |
2.190 | 35024 | 3 |
Last trade - 09.50am 02/10/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |
Day chart unavailable
The Watchlist
BM8
BATTERY AGE MINERALS LTD
Nigel Broomham, CEO
Nigel Broomham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online