In a Gold bull market, gold shares lag behind the price of gold. Eventually, when gold is seen as expensive, the shares of the larger gold producers start to rise. There is evidence of this starting to happen now. After that, junior gold miners start to follow.
There is no evidence of junior gold miners moving up as yet, although their day will come.
As a junior and a non producer, you cannot expect MYG to be setting the world alight, it is too early. For those that are becoming frustrated, my advice is to learn to be patient. You face a long wait.
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Last
81.0¢ |
Change
-0.020(2.41%) |
Mkt cap ! $74.08M |
Open | High | Low | Value | Volume |
81.0¢ | 82.0¢ | 80.0¢ | $16.11K | 20.09K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30358 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 1766 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30358 | 0.800 |
2 | 6700 | 0.795 |
1 | 12500 | 0.790 |
1 | 9912 | 0.780 |
3 | 6750 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 1766 | 1 |
0.820 | 12849 | 2 |
0.840 | 25848 | 1 |
0.860 | 5058 | 1 |
0.900 | 2494 | 1 |
Last trade - 15.59pm 05/08/2024 (20 minute delay) ? |
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MYG (ASX) Chart |