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
$4.51 |
Change
-0.005(0.11%) |
Mkt cap ! $3.404B | |||
| Open | High | Low | Value | Volume |
| $4.51 | $4.54 | $4.43 | $9.383M | 2.085M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 50198 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 28400 | 40 |
View Market Depth
| Last trade - 15.08pm 03/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |