Highland Gold Mining Ld Share Discussion Threads

[casual47] 21/7/2020 14:14

How much was Amazon's PE in 2000? 2010?

[srpactive] 21/7/2020 14:11

c47

But PE 149?

[investor73] 21/7/2020 14:11

This is worth at least £6 at the current gold price imo.

[casual47] 21/7/2020 14:10

Amazon is so big and has its tentacles in so many different industries (e.g. cloud infrastructure) that it would be wrong to just value them based on future earnings.

[loganair] 21/7/2020 14:07

I've been reading if Amazon was to increase it's revenue by 20% per year over the next 10 years wouldn't even justify its current share price and market cap of today - shows just how crazily over priced and over valued the current US stock market really is.

[defqon] 21/7/2020 13:47

sp will test recent 275p-280p highs by the looks of it and >1835$ gold price

[investor73] 21/7/2020 13:09

Gold $1831.

[srpactive] 21/7/2020 12:46

i73

Yes you are correct a fantastic management, delivering, just
such a shame we are not PE 19, instead of PE 4. The figures
in September imho will be eye wateringly good. I continue to
buy when I can. I do feel a value around 320p - 350p is easily
deserved before the next figures and the massive increase in production
starting next year.

dyor

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[investor73] 21/7/2020 11:19

I have not been able to find any other gold miner that pays a dividend as high as HGM. It's one of the most effcient and lowest cost gold producers in the world to my knowledge. It deserves a much higher price imo.

[return_of_the_apeman] 21/7/2020 09:29

A close at this price >2.41 is a breakout of the handle which targets £3.75

cup high to low 2.75 - 1.75 + high of 2.75 = 3.75

Path is clear to 500+ oz in 2 yrs and benefit of gold at 1800+ not recognised yet by wider market

Steady up from here if close above 2.41 imo

[srpactive] 21/7/2020 08:18

k52

Yes lets hope so.

All

Please ignore my posts from yesterday, apologises.

active

[kennyp52] 21/7/2020 07:51

Showed some sign of life yesterday ... let’s see if it holds today and then looks for another leg up . Like CEY this will be paying a decent dividend return whilst many have already cancelled next years ... decent return , rising POG , solid balance sheet ... ideal share to hold IMHO .

[loganair] 20/7/2020 20:47

Russia’s National Rating Agency (NRA) - Russian gold producers are projected to be the biggest beneficiaries from the gold price rally. According to analysts’ estimates, gold miners will enjoy better financial performance and will see their annual revenues growing around 30 percent.

Russia is the third-largest gold producer in the world after China and Australia. Last year, the country produced 368 tons. While gold production rose around five percent in the first quarter, Russian producers saw a 20-percent year-on-year decline in April as the coronavirus pandemic triggered lockdowns across the country.

Given the impact of the coronavirus pandemic on the industry and the Russian economy, the NRA does not expect gold output to differ much from last year’s figures.

[loganair] 20/7/2020 20:43

The price of gold has been rallying in recent weeks, having smashed a decade high of $1,800 this month. Analysts at Citigroup say bullish factors building in the gold market are pushing for another record.

According to the analysts, the metal is benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation. They expect the precious metal to climb to an all-time high in the next six to nine months, with a 30 percent probability it’ll top $2,000 an ounce in the next three to five months.

“Nominal gold prices have already posted fresh records in every other G10 and major emerging market currency this year,” the analysts said, as quoted by Bloomberg. “It is only a matter of time for fresh” highs in US dollars, they said, adding that silver will also enjoy a price surge.

The Covid-19 pandemic has been driving investor appetite for traditional safe-haven assets, with global investment demand soaring to multi-year highs. Economists have been predicting that bullion will top its longstanding record of $1,920 an ounce amid global economic recovery uncertainty.

Gold was trading at $1,811.04 per ounce on Monday, while spot silver gained 0.6 percent to $19.65 per ounce. Citi sees silver, which touched a three-year high, rising to $25 per ounce in the next six to 12 months, with potential for $30 based on the bank’s bull case, additionally supported by a recovery in global economic activity. Both metals are after six straight weeks of gains as investors consider talks on more stimulus in key global economies.

[little beaker] 20/7/2020 19:50

why is it an interesting idea? It's a piece of nonsense.

[meanreverter] 20/7/2020 18:20

srpactive: You suggest that Yamana could conveniently gain a London listing via a takeover. It's an interesting idea — but why, specifically, do you regard HGM as the target? Potentially, any London-listed gold junior might be considered.

[polaris] 20/7/2020 15:20

is that a hedge? spuke? LOL

[auson1] 20/7/2020 15:17

srpactive,

I think the US bots work any hours they choose but an interesting observation none the less. Gold should spuke tonight if the EU agree the rescue package..The first of many !

[srpactive] 20/7/2020 14:24

The US wake up and the AT trades on the bid start.

Obvious a US house is behind this continual onslaught.

[wilco1000] 20/7/2020 13:57

Possibility for things to start turning around here and long overdue. Held for quite a number of years and have never felt this share is quite as undervalued as it is now

[srpactive] 20/7/2020 13:00

c47

Are you a US based Russian investor?

I also have much invested in Russia related,
also in Australia with ggp,
interesting one I have bought into is mno.

dyor

[casual47] 20/7/2020 12:50

At the moment my shares are predominantly in Russian miners and nearly exclusively in FSU miners....

[11_percent] 20/7/2020 12:48

Just go with the scammers......when it obviously low, buy.....when it spikes, sell.

[srpactive] 20/7/2020 12:47

c47

Yes you will be correct, you support the US which is fine
with me, have PE ratios very high.

Russia it appears you do not like very low PE's.

The West stock markets are controlled by the US, so
until you are positive

the anguish and and al for nothing continues................

You could be a good yardstick.

active