It is interesting that the companies that choose a good time to hedge their gold sales are not the ones that seem to deliver good operating results. RSG is another one of them that is good with timing yet is currently not quite delivering the goods. But that being said, both WGX and RSG are undertaking massive capital development projects to expand for the longer term. So, both companies are a "show me" right now.
Queue up now, or perhaps wait a bit later as the line starts moving... the jury still out.
News: WGX Westgold Resources Updates On Gold Hedge, page-3
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Last
$2.76 |
Change
0.090(3.37%) |
Mkt cap ! $1.308B | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.79 | $2.72 | $8.887M | 3.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6767 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 29906 | 4 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |