Morning all.
Well, I cleaned up nicely with SMC gold, now looking to my next winner. With gold just hitting $637 US dollars, I'm looking at a gold miner. I found a snippet at FN arena on the 14th nov saying resolute is valued at $3.80, or, using the market cap per ounce of reserves method, RSG comes in at $95 market cap/oz. Using the same method the article states BDG is valued at $2921 market cap/oz !
Would appreciate any opinions on wether RSG is a buy with the rising price of gold, and especially after RSG has recently sold almost $200 million worth of shares they owned.
resolute valued at 3.80
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Last
84.0¢ |
Change
-0.005(0.59%) |
Mkt cap ! $1.788B | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 84.5¢ | 83.0¢ | $14.71M | 17.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 225054 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 560 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |