I have noticed a pattern with market valuation of gold companies.
1 Companies with large market caps have the resource and capacity to increase production and have higher grade. RMS is really only a mid tier miner therefore more susceptible to gold price movements and market sentiment.
2 RMS mine plan is not really consistent, it appears to be pods of gold with varying grades which makes it hard for the market to value.
3 RMS seems to be always changing its focus between different deposits.
4 The structure of the company makes it difficult for the market draw any conculsion what full production would look like in a volatile gold market and economy.
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Last
$2.19 |
Change
0.020(0.92%) |
Mkt cap ! $2.512B |
Open | High | Low | Value | Volume |
$2.17 | $2.20 | $2.14 | $7.445M | 3.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4988 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.19 | 2288 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4688 | 2.180 |
9 | 104712 | 2.170 |
2 | 38148 | 2.160 |
4 | 73497 | 2.150 |
3 | 42542 | 2.140 |
Price($) | Vol. | No. |
---|---|---|
2.190 | 2288 | 1 |
2.200 | 266788 | 18 |
2.210 | 100232 | 6 |
2.220 | 105832 | 6 |
2.230 | 33239 | 4 |
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