A year ago the RRL share price was sitting at around $4.80. When the December 2018 Quarterly Report was released the realised gold price was around AUD$1,700 per Oz. Fast forward 12 months and RRL is ticking along nicely and will realise > AUD$2,000 per Oz.
With the increased EBITDA I expect that dividends will progressively increase with the POG. It is not unfathomable for those buying at today’s prices to be sitting on a dividend yield north of 7% in the medium term future.
The share price is clearly disconnected from the fundamentals. I don’t expect this to last much longer.
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Last
$4.45 |
Change
0.060(1.37%) |
Mkt cap ! $3.361B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.56 | $4.43 | $12.26M | 2.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $4.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.46 | 21218 | 3 |
View Market Depth
| Last trade - 16.11pm 01/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |