I think at this gold price many gold stocks are already heavily undervalued. The leverage of SP to POG for high cost producers can be as high as a factor of 10. RSG should be at least 4 with current hedges so should have risen a bit more on the recent POG run. AUD rising doesn't help the AUD denominated SP. I expect close to $2 is likely soon. Technicals on POG no longer apply, it is a herd of some proportions that includes ETFs and Central banks around the world.
Why RSG?, page-75
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $1.000B | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.3¢ | 46.5¢ | $2.907M | 6.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 227219 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 211210 | 7 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
46.8¢ |
Change
-0.015 ( 3.73 %) |
||||
| Open | High | Low | Volume | ||
| 47.5¢ | 48.3¢ | 46.5¢ | 2677638 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RSG (ASX) Chart |