There are not any current valuations of RSG, that I have seen, supporting the current price. Short term price movements are more a reflection of trading positions rather than value.
RSG is reducing costs, increasing production, has massive reserves, is unhedged and in an environment very supportive of further upside to the gold price. Just today, Standard and Poors downgraded its long term US debt outlook from stable to negative. What does that say for the prospect of a credit rating downgrade?
There are not any current valuations of RSG, that I have seen,...
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Last
61.0¢ |
Change
-0.020(3.17%) |
Mkt cap ! $1.298B | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.8¢ | 60.0¢ | $7.880M | 12.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 41598 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 201024 | 8 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |