I dont think anyone understands the market.
Gold underwent a correction and I am sure there was some short selling on this stock as well as other traders who bought in before the permit for the sole purpose of cashing in afterwards.
I am confident that KCN over the next few months will move up as we get a clearer picture of the new mine, and the gold price recovers.
Huntleys still has a 9.50 target on this one based on a $750 gold price.
I dont think anyone understands the market.Gold underwent a...
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Last
$1.38 |
Change
0.050(3.76%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.39 | $1.34 | $311.6K | 228.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3062 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 1293 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |