RMS 5.64% $1.03 ramelius resources limited

Yes!Operational upsets aside , better than physical because gold...

  1. 2,346 Posts.
    lightbulb Created with Sketch. 228
    Yes!
    Operational upsets aside , better than physical because gold miners "geared" to any GP rise approx. of the order of 3:1 .
    Form most producers a 10% GP rise means about 30% rise in profits .
    Even better margins now the oil price has dropped ...great time to be operating providing they can keep doing it . Hopefully these benefits will outweigh any possible downtime but if they don't miners will still be well set up at the end of this .
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$1.03
Change
0.055(5.64%)
Mkt cap ! $732.6M
Open High Low Value Volume
$1.03 $1.07 $1.02 $9.622M 9.265M

Buyers (Bids)

No. Vol. Price($)
15 37621 $1.03
 

Sellers (Offers)

Price($) Vol. No.
$1.03 11647 4
View Market Depth
Last trade - 13.16pm 07/04/2020 (20 minute delay) ?
(live)
Last
$1.03
  Change
0.055 ( 5.01 %)
Open High Low Volume
$1.03 $1.07 $1.02 399693
Last updated 13.34pm 07/04/2020 (live) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.