It wasn't that long ago we were talking about the race back to $2 and who would get there first, RMS or SLR?
Now we have SLR at $1.30 (EPS around 11 cents) RMS at $1.31 (EPS around 13 cents).
At current A$ gold price of $2,400 and given average hedge prices around the A$2,300 level, you would think both would realise higher gold prices this year compared to the prior year.
Just shows how bad the sentiment is, when based on fundamentals, both should be much higher.
Let's see who wins the race back to $1.50 ??
RMS at key support levels, page-62
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Last
$2.31 |
Change
-0.080(3.35%) |
Mkt cap ! $2.667B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $2.091M | 900.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 55025 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19006 | 22 |
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| Last trade - 12.27pm 01/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |