Yes floating the share price more so than piers, the highest quartile AISC producers such as RMS and especially say WGX, are best positioned to benefit from the A$ gold price trend, especially once the existing hedging positions are rolled through. It is however a two-edged sword and the dumb money, which is currently supporting the stellar share price performance, (which will run out soon if gold fails to crash through the c.US$1370/Oz ceiling) is fleeting. That said, if we are just about to enter a US gold bull market, I agree that a 200kOZ producers such as RMS, as a dividend paying stock, will be promoted from the little league, and measured with a bigger EV ruler as a result.
Yes floating the share price more so than piers, the highest...
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.514B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55455 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 32563 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |
