Hey Chris
GMD and KIN are good upcoming junior gold producers that should benefit from the rising gold price. So they should perform well long term as we are at the start of a gold bull market IMO.
Gold price has run strongly this year but I'm a little cautious right now as I expect a pull back in the gold price for the next couple of months. This is a normal part of a bull market but I expect the correction to be over around December then a resumption of the uptrend.
So I've parked a lot of cash on the sidelines for now and plan to go bargain hunting around December.
Will be keeping an eye on junior gold producers like GMD and KIN. And I'm also keen on possibly increasing my holdings in small gold explorers like GTE and IDA depending on their progress.
Hey Chris GMD and KIN are good upcoming junior gold producers...
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Last
$2.50 |
Change
0.020(0.81%) |
Mkt cap ! $2.392B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.53 | $2.49 | $6.193M | 2.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31923 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 119324 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |
