SPR spartan resources limited

Gold and macro environment, page-1238

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    Producers are usually leveraged 3 x per gold price % movement.
    An index which I have created contains 18 ASX listed small/mid/large cap gold producers. This index is up a combined 87.31% for the year.
    That sounds like an excellent yearly performance however the USD gold price has risen a massive 43.19% over the same corresponding period.
    By this rational gold producers should be up at least 130% for the year (3 x 43.19%).

    https://hotcopper.com.au/data/attachments/7022/7022574-b071c51a9f524004aa26fa2f02b400d9.jpg

    Last edited by Joelstar: 24/05/25
 
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