Altyngold Share Discussion Threads

[excellance] 13/1/2023 16:06

I can't believe I top sliced at 93p.

Regretted straight after, but a lot more so now.

Gold at $1915 and flying, silver over $24, ALTN raking in the cash!

[goldenshread] 13/1/2023 11:36

ML

Yes I recall those target prices of £3.60p to £4.20p.

This is without doubt the cheapest gold producer on the LSE, it remains under radar, the forward PE was around 1 just recently - most gold producers have PE's in a range of 5 to 10.

Buy low and benefit from the rerate IMO.

[mininglamp] 13/1/2023 10:20

The broker coverage around 18 months ago had a target price north of £4 a share, that was before recent operational improvements and increased production - it does look like Altyn Gold is a outstanding buy at current levels.

Here is the £3.60p-£4.20p target price & commentary

[wrighty46] 13/1/2023 09:42

So net buying of around 27k shares today gives a double digit rise. Imagine getting any good news here lol. Interest is slowly returning and the share price will hopefully start reacting to positive newsflash going forward. GLA

[wrighty46] 13/1/2023 09:37

Looks good, need a few sellers if you could oblige lol. Reckon pleof people with this one on their watch list trying to get in. And reckon we still have at least 1 persistent buyer in the background.

[gekks] 13/1/2023 09:01

And we're off !

[excellance] 13/1/2023 08:30

They've been trying for years...

[gekks] 13/1/2023 08:21

nice recovery and gold now breached $1900 support - question is if the US try to take it down again.

[pensionplanner] 12/1/2023 17:52

Breached $1900 (just)

[chrisdgb] 12/1/2023 15:34

Gold is going to have an incredible year when energy prices start going back up......

[excellance] 12/1/2023 12:26

Any rise in the price of gold has an exponential impact on our bottom line.

[rimau1] 12/1/2023 08:09

Q4 update due end of the month. At the last update mgt expected gold to remain around the $1700 level so the risk should be skewed to the upside with a broader consensus that the 2023 gold price should kick on with peak dollar, peak rates and persistent inflation. I have us at under 2x earnings for the FY at $1800. Any upside will flow straight to the bottom line.

[researchcentre123] 12/1/2023 08:07

The volume is so small that even a few small investors buying could send this soaring

[wrighty46] 10/1/2023 14:38

Gold doing its thing, could it break $1900this week? GLA

[chrisdgb] 10/1/2023 08:28

Yes with a reasonable next update, I would agree certainly through 125p....

[pensionplanner] 10/1/2023 08:24

Be more interested when it passes £4 or when it pays a dividend.

[santar] 10/1/2023 06:35

excellance - resistance at 110p then clear air up to 136p ? (for the querents among us)

[dofmeister] 09/1/2023 21:28

Interesting job....

[excellance] 09/1/2023 18:07

Looks like a breakout is confirmed on the chart today, tho I'd like to see more...

[researchcentre123] 09/1/2023 14:05

It's not sponsored. I think they just picked it up.

[wrighty46] 09/1/2023 10:47

Nice article, been a few lately, perhaps the company are starting to push the story here. Are these sponsored or independent do we know? Either way bodes well. GLA

[researchcentre123] 09/1/2023 10:26

https://www.yahoo.com/now/altyngolds-lon-altn-earnings-warrant-061647282.html

[wrighty46] 09/1/2023 10:24

And the bid rising on the thinnest of buying.

[wrighty46] 09/1/2023 10:23

Morning all, start of another week, gold having a nice ride for now, central banks still buying a shed load of the real stuff not the paper confetti I'd imagine. IMO could see some big gains in gold going forward. Good for us. Q4 results eom, limited buying ATM but eyes will soon be upon us here. And as mentioned before a plan for TS could drop anytime. GLA