RMS ramelius resources limited

Three gold miners and one diversified miner and general...

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    Three gold miners and one diversified miner and general resources prices in a correction over the last 12 months.

    Norther star NST
    22%rise but a five day loss3.7%
    Evolution mining EVN26%drop
    Newmont mining NEM
    25% drop
    BPH GROUP BHP11% drop

    Commodities such as iron ore, coal, copper, gas, lithium all in a large correction, falling from 30 to 85% .
    A general commodites correction appears to be causing negitive sentiment for gold. Expectation for higher returns are also causing a correction in the gold sector.

    If you had 20 million would you invest it in RMS tomorrow and risk losing 20% capital value and only recieve 2% dividend return and lose around 3% holding cost from high inflation.
    The market is made by money mangers not hobby traders especially when a company like RMS has transformed to a large gold producer.

    Last edited by david25: 23/02/24
 
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Last
$3.61
Change
-0.010(0.28%)
Mkt cap ! $6.909B
Open High Low Value Volume
$3.59 $3.67 $3.54 $67.75M 18.72M

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No. Vol. Price($)
1 6144 $3.61
 

Sellers (Offers)

Price($) Vol. No.
$3.62 8000 1
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Last trade - 16.11pm 15/09/2025 (20 minute delay) ?
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