The war seems to have less impact on gold than US tariffs. While tariffs are being reduced the gold prices falls.
If gold falls back to $2700 usd RMS will have a market cap of $3 billion after the merger. Could oil double which will outperform gold. Oil is a better substitute as an inflation hedge than gold at this point.
An opportunistic time for RMS to pick off companies with 300k plus ounce resources and build a asset portfolio to expand.
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$3.52

valuation and way forward
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Last
$3.52 |
Change
0.120(3.53%) |
Mkt cap ! $6.737B |
Open | High | Low | Value | Volume |
$3.48 | $3.55 | $3.46 | $54.77M | 15.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60400 | $3.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.55 | 71935 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60400 | 3.510 |
5 | 19516 | 3.500 |
2 | 1163 | 3.490 |
1 | 2000 | 3.480 |
2 | 4881 | 3.470 |
Price($) | Vol. | No. |
---|---|---|
3.550 | 56235 | 12 |
3.560 | 139226 | 4 |
3.570 | 92872 | 4 |
3.580 | 41696 | 6 |
3.590 | 8000 | 2 |
Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
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RMS (ASX) Chart |