I've added today at 1.305. Has been a savage sell down tracking the GDX, the GDX index tanking just as RSG looked like clearing $1.50 on momentum from the quarterly and the record US gold price. Unfortunate, but I see it as temporary and presents a nice little opportunity. Expecting it to rally straight back up next week.
If you look at the 5 year chart pathway to $2, both times it didn't go up in a straight line and retracted along the way, just like this dip.
Massively undervalued imo but that gap will continue to close
I've added today at 1.305. Has been a savage sell down...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.5¢ | 50.3¢ | $1.585M | 3.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 66103 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 114589 | 5 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |