RMS 1.30% $2.27 ramelius resources limited

Miners showing resistance to much more falling this morning and...

  1. 40,956 Posts.
    lightbulb Created with Sketch. 508
    Miners showing resistance to much more falling this morning and at these levels why wouldn't they ?
    RMS currently on a PE of 9 based on last years profit where they averaged $2014 for their gold .
    Currently gold worth $2360 .
    Silly stuff !
    The amount of falling way out of proportion to what it should be and based on sentiment as opposed to value .
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.