MUN mundo minerals limited

MUN hit a high this year of 47.5 cents on 15th. June. Looking at...

  1. 24,765 Posts.
    MUN hit a high this year of 47.5 cents on 15th. June. Looking at a chart we can clearly see MUN made a double top as MUN also hit a high of 47 cents on 30th. March this year.

    Yesterday MUN closed at 24.5 cents. That is a fall of 48.42% from MUN's June high this year.

    On the 15th. June the XGD - Gold Index - closed at 5092.9. Yesterday it closed at 6001.

    If MUN had performed since 15th. June just in line with the Gold Index the MUN share price would have needed to close at 56 cents yesterday, not 24.5 cents.

    So while the average gold share rose 17.83% MUN declined by 48.42%.
 
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