NCM chart, page-159

Not a holder but it's the same story over at EVN. NST also performing similarly poorly despite an ever rising AUD gold price and others not faring much better. If all these companies are slumping and we have to look for reasons it might be that setting aside the gold price, in a bull market like there is atm, gold miners are just out of favour. People might lack confidence in the ability for gold to hold up. Although gold has been over A$2000 for 7 months now. The stock market is a beauty contest. Look at Tesla jumping ever higher on bigger and bigger losses.