It is clearly undervalued, P/B is almost 0.7 now or something ridiculous. We also have almost the same market cap as RMS who produces half of what we do. That being said I am not sure what to do... it is a screaming buy and selling at 5 year lows is stupid, particularly as my average price is around 2.30. But someone on the NST site made a good point, we will all make bank eventually buying at these prices is just unbelievable and when you consider gold could arguably still be in bull run if you go back to 2015 then it just makes no sense. For things to turn around though it just may take 5+ years, unless gold rockets to 2000. My opinion is market right now just has no interest in gold. Retail has gone off it, investors gone off it chasing apple and big tech. Probably means it is the right time to buy....If you can wait.
RRL Price at posting:
$1.73 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)