The gold price is shooting up as I speak. AUD Gold up $34.85/lb (2.2%). Silver is upabout the same.
KCN should theoretically rise by ~4% since their margin should rise by ~4% from such a rise in gold. That's my rough guess of the leverage to the gold price.
It's nice to see KCN fundementally improving, since the other miner's will have a tough time tomorrow...copper down 2.2% and other resources down similarly.
Back to work to try to make more money to buy more KCN.
gold price
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Last
$1.63 |
Change
0.080(5.18%) |
Mkt cap ! $421.4M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.67 | $1.59 | $667.2K | 407.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5046 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 1382 | 3 |
View Market Depth
| Last trade - 10.52am 21/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |