My real concern is that Gold miners not only RMS have dividend yields of 1%, this is not an issue if growth long term is sustainable. Is growth sustainable. When does it become an earner? Better to pay no dividend than 1 % I say.
infation is around 6%
Bank returns are 5%
gold stocks returns 1%
In a gold correction the upside will be wiped out and you are in the red from inflation losses plus the share price fall.
RMS at $2.06 and if there is a correction to $1.20, there is a capital loss and an inflation loss of around 5 to 7 % Buyers today would incur 48% loss including inflation. (hypothetical)
How do you value a gold stock in new teritory?
The suspense is killing me, page-44
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Last
$2.00 |
Change
0.040(2.04%) |
Mkt cap ! $2.285B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.04 | $1.97 | $5.532M | 2.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78838 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 124310 | 9 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.99 |
Change
0.040 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| $2.03 | $2.03 | $1.97 | 657413 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| RMS (ASX) Chart |