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?
My real concern is that Gold miners not only RMS have dividend...
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Last
$2.02 |
Change
-0.010(0.49%) |
Mkt cap ! $2.308B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.03 | $2.01 | $3.547M | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31207 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 89910 | 6 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$2.03 |
Change
-0.010 ( 0.50 %) |
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| Open | High | Low | Volume | ||
| $2.02 | $2.03 | $2.01 | 433117 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RMS (ASX) Chart |