Doing some research on goldies and stumbled across NGX.
I have traded well with TRY (since $1) and SLR (since 30c) and seems to me that NGX has a similarly appealing story with zero debt and unhedged but may be comparitively undervalued.
With Gold at $1050+, earnings will get a nice shot in the arm. These guys are a fairly high cost producer so leverage as Gold price goes up is much better than say TRY who are very low cost.
anyone got some views on this one??????????
good luck all
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $13.13M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $1.838K | 12.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13167 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 43971 | 3 |
View Market Depth
| Last trade - 11.44am 31/07/2025 (20 minute delay) ? |
| NGX (ASX) Chart |