I find the gold sector quite baffling I have to say. I find it weird that companies like Bellevue and De Greys which are years away from producing gold, and may indeed miss the current period of high prices for all we know, command around the same MC as a company like Westgold which despite historical issues, and significant short-term hedging is likely to produce 300k oz in the near term and has great cashflow. Isn't the price ultimately a function of the yield over time? Better a bird in the hand - especially if dividends are coming - then one of indeterminate size which might not even fly.... Friday-night red wine induced musings....
I find the gold sector quite baffling I have to say. I find it...
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Last
$2.93 |
Change
-0.040(1.35%) |
Mkt cap ! $2.763B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.98 | $2.93 | $33.24M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 663107 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 369285 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |