At the moment, unhedged gold stocks on the HUI are not reflecting the gold price over $800, and that's a concern for me. The HUI should be much higher and LGL should be higher. Like most, I doubt LGL will disappoint with Q4 production results after the mini-disaster for Q3. This result should be announced at the end of January.
Your concern should be where the POG is going. Things look decidedly bearish short term but with the current market volatility that can change overnight. I prefer to be positive, but I have a sneaking suspicion that $US772 recent low might just be visited again which would make your $4.40 price target just that much more difficult.
At the moment, unhedged gold stocks on the HUI are not...
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 607 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 372 | 2 |
View Market Depth
| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable