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
$4.51 |
Change
0.055(1.24%) |
Mkt cap ! $3.395B | |||
| Open | High | Low | Value | Volume |
| $4.46 | $4.53 | $4.41 | $5.817M | 1.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 33929 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 36116 | 73 |
View Market Depth
| Last trade - 14.44pm 02/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |