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.
A year ago the RRL share price was sitting at around $4.80. When...
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Last
$4.50 |
Change
-0.035(0.77%) |
Mkt cap ! $3.401B | |||
| Open | High | Low | Value | Volume |
| $4.58 | $4.62 | $4.47 | $4.001M | 885.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 8647 | $4.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 17035 | 44 |
View Market Depth
| Last trade - 12.33pm 04/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |