As far as SLR is concerned they have a buy back operating to support the price which isn't the whole reason but must be considered .
Whether it was the new acquisition as well or the pile of cash without perhaps RMS need for cap spend I don't know but I can say I'm still happier holding RMS than SLR and believe it will all come out in the wash .
A month or two back I mentioned that I'd noted that RMS GOR and SBM were all almost identical price and about 30c below SLR .
WGX has been higher for some time , less shares on issue .
As of now almost identical in terms of their price comparasins with each other as they were then .
SBM has moved up off it's lows a touch but RMS a touch higher than GOR and SBM .
The price movements in the sector may vary day to day ,(RMS about best today) , but over time really it's almost entirely sector movements ....not just GP but also COVID and higher AISC( from all} factored in as well .
So you MAY be tempted to ask the question .... what's wrong with RMS because it's SP not moving much .... but tell me if you find it 'cause I don't know of anything .
Also from what I'm seeing generally all golds treated pretty much the same .
Still , I never mind the Q being asked , always good to question !
On the other hand I wouldn't sell unless I could find a good solid reason to , sp can be stubbornly low without apparent reason and then move quickly and it's the fundamentals that always count in the end !
GLTA
PS Another thing to keep in the back of minds is that while GP rising at present so is oil price .
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Last
$2.17 |
Change
0.110(5.34%) |
Mkt cap ! $2.489B |
Open | High | Low | Value | Volume |
$2.09 | $2.17 | $2.08 | $13.62M | 6.351M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2410 | $2.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.17 | 259975 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2410 | 2.160 |
2 | 12332 | 2.150 |
11 | 102913 | 2.140 |
3 | 58656 | 2.130 |
5 | 75856 | 2.120 |
Price($) | Vol. | No. |
---|---|---|
2.170 | 259975 | 3 |
2.180 | 182630 | 8 |
2.190 | 123794 | 3 |
2.200 | 450347 | 14 |
2.210 | 17632 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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