RMS is a bit disappointing as far as i am concerned. The world political situation is not one that gives any confidence in most stocks. Gold should be a hedge against a crash or a probable recession. RMS should be a good sound Gold stock. It has good cash balance. It pays a dividend and the next dividend looks to be on the agenda and fully franked. It is a producer with good proven inground gold reserves.
Looks like the trend is not the friend. Compared to its peers it seems undervalued.I would like to sell a few but not at the current SP.
RMS August Broker reports, page-63
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Last
$2.33 |
Change
-0.060(2.51%) |
Mkt cap ! $2.691B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $6.540M | 2.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163521 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 67017 | 5 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |