RMS 0.79% $1.91 ramelius resources limited

Target $0.80, page-70

  1. 410 Posts.
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    I agree RMS will follow gold however, gold price has dropped just below 3% since its May high, RMS has dropped just over 7.5% since its May high. They have a strong bank book, a decent amount of hedging and a strong reserve outlook. Throw in the potential for good grade strikes or increased reserves (as have been previously implied) and I think the current profit takers will want to buy back in quickly. At the current 0.587 I think they are in oversold territory considering the above.

    GLTA
 
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Last
$1.91
Change
0.015(0.79%)
Mkt cap ! $2.179B
Open High Low Value Volume
$1.97 $1.97 $1.91 $5.489M 2.846M

Buyers (Bids)

No. Vol. Price($)
7 41008 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.91 2791 1
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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