Mining companies disconnected from underlying prices

The Gold price in AUD has risen yet the equity price in gold mining companies are lagging and subdued.

Here is a study of the stock price of ASX listed Evolution Mining and the Gold price in AUD.

Mining is difficult…..when publicly listed, you are forced to produce, irrespective of the costs.

And it matters how an investor expresses their view relating to a particular theme or idea.

July 11, 2024

by Rob Zdravevski

rob@karriasset.com.au