See the announcement for RMS.
Gold production down slightly due to wet weather effecting access for production and staff shortages. Any negative news and share prices will be smashed in this current market. All gold shares are down because they are expecting similar impacts at all goldfields sites. POG is irrelevant at the moment.
When the Feds keep increasing interest rates the POG will go up and now that the rains have eased there will be improvements in gold production. Staff shortages will be improved due to immigration. Hence, gold stocks will improve over time but it might take a couple of quarters.
See the announcement for RMS.Gold production down slightly due...
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Last
$13.96 |
Change
0.120(0.87%) |
Mkt cap ! $16.04B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.19 | $13.96 | $59.25M | 4.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6868 | $13.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.01 | 1366 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |