Anyone buying now will lose. EVN is getting hammered due to the falling gold price. The gold price has a lot further to drop in the near term before a recovery in the second half of next year. I predict the share price will drop to a low of $1.20 in the next 6 months. CAH hedging of over 250,000 oz @ $1,557.00 will save this stock from going lower.
Get ready for further drops. I would not be buying gold stocks now
quality buying, page-3
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Last
$3.99 |
Change
0.040(1.01%) |
Mkt cap ! $7.936B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.99 | $3.94 | $33.88M | 8.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7059 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 234326 | 9 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |