RMS 0.91% $2.22 ramelius resources limited

One reason not to hedge all of production - If there was an...

  1. 1,591 Posts.
    lightbulb Created with Sketch. 42
    One reason not to hedge all of production - If there was an unforeseen event affecting production the company would still be forced to sell gold at that price. They could buy gold to sell but if the price of gold went up by a lot then the company may be in trouble.

    40% is good, pretty much guarantees the company will be in business for two more years, while the 60% can capture more upside risk.
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.22
Change
0.020(0.91%)
Mkt cap ! $2.544B
Open High Low Value Volume
$2.20 $2.23 $2.20 $10.65M 4.811M

Buyers (Bids)

No. Vol. Price($)
8 272418 $2.20
 

Sellers (Offers)

Price($) Vol. No.
$2.22 233080 4
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.