this stock is way oversold, the company is already producing 300k OZ per annum. It will be producing +400kOZ at cash cost of approx $700/OZ versus spot of over $1100, nice margin and upsize gold price potential versus a low market cap. Recent Capital raising at 70c indicated strong institutional support.
oersold gold producer
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Last
73.5¢ |
Change
0.040(5.76%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 70.5¢ | $11.81M | 16.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143270 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 489207 | 13 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |