Scotgold Resources Share Price (SGZ)

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Share Name Share Symbol Market Type Share ISIN Share Description
Scotgold Resources Limited LSE:SGZ London Ordinary Share AU000XINEAK5 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.50 0.42% 119.00 79,740 11:44:48
Bid Price Offer Price High Price Low Price Open Price
118.00 120.00 124.50 119.00 122.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -2.02 -4.07 64
Last Trade Time Trade Type Trade Size Trade Price Currency
11:44:48 O 70 120.00 GBX
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Scotgold Resources (SGZ) Latest News (2)

Scotgold Resources News

Date Time Source Headline
01/12/202007:00UKREGScotgold Resources Ltd First Gold Pour at Cononish
30/11/202013:58ALNCCORRECT: Scotgold Annual Loss Narrows, Progresses Cononish
30/11/202013:52ALNCUK EARNINGS SUMMARY: Scotgold Annual Loss Narrows, Progresses Cononish
30/11/202007:00UKREGScotgold Resources Ltd Annual Results for the Year Ended 30 June 2020
17/11/202007:50UKREGScotgold Resources Ltd Issue of Equity and Total Voting Rights
09/11/202012:24RNSNONScotgold Resources Ltd Hardman & Co Mining Investor Forum
26/10/202012:41RNSNONScotgold Resources Ltd Shares and AJ Bell investor evening webinar
12/10/202015:41UKREGScotgold Resources Ltd Second Price Monitoring Extn
12/10/202015:35UKREGScotgold Resources Ltd Price Monitoring Extension
12/10/202009:31ALNCScotgold Resources Raises GBP3 Million To Double Cononish Production
More Scotgold Resources News
Scotgold Resources Investors    Scotgold Resources Takeover Rumours

Scotgold Resources (SGZ) Discussions and Chat

Scotgold Resources Forums and Chat

Date Time Title Posts
01/12/202011:50►SCOTGOLD Resources ◄ - Scotland's 1st Commercial Gold Miner1,125
26/10/202017:26Scotgold Resources357
14/9/202013:29Scotgold Resources - Gold mining/exploration in Scotland3,662
09/3/202007:21Gold in Central Scotland!!!!!!!!!!!!!!!2

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Scotgold Resources (SGZ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:44:48120.007084.00O
11:44:40117.142,1002,459.94O
11:04:24120.50823991.72O
10:52:48118.002,1232,505.14O
10:48:37120.771,2311,486.68O
View all Scotgold Resources trades in real-time

Scotgold Resources (SGZ) Top Chat Posts

DateSubject
01/12/2020
08:20		Scotgold Resources Daily Update: Scotgold Resources Limited is listed in the Mining sector of the London Stock Exchange with ticker SGZ. The last closing price for Scotgold Resources was 118.50p.
Scotgold Resources Limited has a 4 week average price of 112.50p and a 12 week average price of 103.50p.
The 1 year high share price is 167p while the 1 year low share price is currently 39p.
There are currently 54,079,014 shares in issue and the average daily traded volume is 53,241 shares. The market capitalisation of Scotgold Resources Limited is £64,894,816.80.
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13/11/2020
17:03		pr100: "One of the most interesting things happens with the gold price – it is being dumped as safe-haven. However, while that is nothing new when the end of a recession is in sight, this time is interesting because the dumping comes against another safe-haven asset – Bitcoin… "…Since PayPal announced the introduction of cryptocurrencies in its online payments platform, Bitcoin never looked back. It jumped from $10k to $16.3k at the time of this writing. "But the gold price reacts closely to the stock market moves and developments within the economy. The decoupling between the two alternative investment assets seems to increase as more and more investors favor Bitcoin instead of gold as a hedge against inflation. "The last one to support and endorse Bitcoin is Stanley Druckenmiller. In a recent interview, the legendary investor said that he fears inflation coming up in the United States in the next five to six years and Bitcoin as a store of value makes perfect sense. "In the meantime, while the price of Bitcoin advances, the price of gold trades with a bearish tone. This must come as a shock to “gold” fans, but two bearish technical patterns point to a move below $1,700. One is a bearish pennant and another one a head and shoulders. In both cases, the invalidation for a short trade is at $1,890, provided bears wait for a break at $1,850 first." https://www.investingcube.com/gold-price-bearish-as-the-yellow-metal-loses-the-race-to-bitcoin/
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06/11/2020
11:53		glenalmond: Last week's presentation with Scotgold Resources (SGZ) - Richard Gray, CEO Https://www.youtube.com/watch?v=4nABLLTth3E 26 views•5 Nov 2020 Scotgold Resources (SGZ) is a mineral exploration company that offers opportunities to investors in the increasingly attractive gold mining industry through the development of the Cononish Mine in Scotland.
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03/11/2020
15:49		henrik1967: As a non shareholder why are you actually here ? You have said you don't want back in at these prices ! What price do you want back in at and is it your goal to get the share price to your entry point by continually providing one sided selective links ? Other than saving all the people already invested here, which I doubt, what is your ultimate goal? Is it to make people believe your LA La Land stories so they sell up and you then hoover up.
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02/11/2020
17:05		pr100: @mineng, I don't think there's a choice. I read in one company announcement that it would take many months to get to the higher grades of ore. And they don't even have full planning permission yet so there's a high risk that resources will have to be diverted into new peat storage arrangements which satisfy the planners. @henrik1967, I'm happy with one Bentley - and also happy for those who sold at a higher price. I certainly wouldn't be a buyer nor even a holder at the current share price which is temporarily inflated imho. But my two posts were supported by news/facts which you have elected to ignore - which is your prerogative of course. Head in sand and all that.
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01/11/2020
12:26		dibs61: Interesting post pr100. You have cleverly concocted a universally bearish analysis of Scotgold both from a fundamental and a POG perspective. And you’ve gone to a lot of trouble to do it......hmmmm. How good of you. But let’s look at the links you’ve put up to ‘evidence̵7; your findings. Firstly nothing to back up your claim that SGZ are short of cash. Years away from profitability? That is not what brokers are forecasting. They have just raised a relatively modest figure to accelerate an increase in production and exploration. It’s common knowledge that yes there is a lack of liquidity in the stock.. I posted as such on LSE the other day about it. But where is the immediate requirement for big institutional cash when they will shortly be cash generating. As regards the gold price crikey you had to dig deep to pull those articles out didn’t you! And here is an excerpt from your own link: “We may see high volatility in gold prices where prices may even test Rs48,700/10grams and internationally they could drift lower to USD1800-1810/ounce, but will witness renewed buying interest at lower levels as long-term outlook remains bullish given the environment of low interest rates and expectations of further fiscal spending." “That said, we don’t expect all central banks to turn net sellers in gold. Some of them are likely to continue buying gold given the economic uncertainty is still looming large and as they are looking to diversify their reserves away from the dollar which is witnessing significant value erosion," Sachdeva added. Despite the quarterly net sales, six central banks increased their gold reserves in the September quarter by a tonne or more, although total gross purchases were a modest 33 tonne, said the WGC report.” Not exactly what you are trying to suggest is it....
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31/10/2020
09:36		pr100: Ask yourselves why Scotgold felt it was necessary to spend a chunk of change on banging the drum to new investors. The upcoming annual report will show that they are burning through cash at breakneck speed and that they are a long way short of being fully funded to deliver Cononish to profitability which is still years away. Chances are that the next fundraising will be sizeable and soon. But the lack of liquidity in these shares discourages outside investment. Investors need to know they can sell if needed without crashing the share price And a large investor needs to be able to influence the company's direction which is virtually impossible with NLR owning so many shares. Clearly, NLR's pockets aren't deep enough to see Scotgold through to profitability - or he simply feels he has as much exposure as he wants. So, allegedly in the interests of "liquidity" he seems to be on the point of divesting some shares in one or more dark pool deals - perhaps before they are devalued by further dilution. The current pumping seems designed to facilitate that. And the price he can get for them will be heavily discounted. So, be prepared. Coincidentally or not, the pumping coincides with the latest numbers from the World Gold Council which suggest that the gold bubble is about to burst. While investors are still buying gold stocks for now, the underlying demand for actual gold is falling off a cliff as the central banks start to cash in their reserves to see them through the pandemic crisis. And the biggest slice of the gold market - the jewellery trade - has plummeted 29% in Q3 to record lows. So Scotgold will be selling gold (or trying to)to a very depressed market. At some point soon the investment appetite for gold will reconnect with the falling demand for the stuff and the bubble will burst dramatically. Be prepared. https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q3-2020?utm_source=twitter.com&utm_medium=cpc&utm_term=bloomberg-terminal-clicks&utm_content=dsc-general&utm_campaign=rwm-gdt-q3-2020 https://www.livemint.com/market/mark-to-market/central-banks-dumping-gold-could-make-pandemic-unfavourable-for-the-yellow-metal-11603956886829.html Also, be prepared for the much-touted gold pour being a big disappointment - much as the BPT gold pour was. They will not be processing high grade ore. Like the BPT, all they have is a low grade stockpile of tunnel waste - and remember how wrong their grade forecast was for the BPT stockpile. Don't get scammed again.
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26/10/2020
13:06		glenalmond: Https://www.proactive investors.co.uk/LON:SGZ/Scotgold-Resources-Limited/rns/880236 Lose the space ^ 26 October 2020 Scotgold Resources Limited ("Scotgold" or the "Company) Shares and AJ Bell Webinar Scotgold Resources Limited (AIM: SGZ), the gold exploration and production company focused on Scotland, is pleased to announce it will be presenting at the Shares and AJ Bell investor evening webinar on 29 October 2020, at 18:00. The Shares and AJ Bell Media evening event webinar is an opportunity for senior board directors from listed PLCs to make a presentation about their company and update existing and potential investors on their business plans for 2020. Investors will have the chance to discover investment opportunities and get to know the companies better by asking questions online after the presentations. Shareholders and potential investors can register to join the webinar for free at: Https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-291020
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14/10/2020
15:09		pr100: I see that CP52/vfb1888/etc is trying to mislead his "pals" again in the other place. Fact is that placings like this aren't priced until the last minute. Broker/s would typically wall-cross to test the water on maybe Weds last week. From the feedback they get they then decide what discount to offer in order to get the required funds. Then they are immediately on the blower, signing up all the institutions and individuals who wanted to participate. There is zero chance that Scotgold's share price was less than 150p when the £1.10 placing price was determined. Of course, that leaves Thursday and Friday for the placees to flip shares they already hold in their portfolio at all prices from 150p down to 120p, pocketing a tidy (and illegal) profit which was denied to the vast majority of minority shareholders. CP52/vfb1888 is telling you one thing while doing his best to profit at your expense. Don't fall for it.
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12/10/2020
15:40		plasybryn: Good post on LSE by CP52 - nice summary.So , in these uncertain times :Our future has been secured with an additional £3m banked Our Flagship project will be brought forward to stage two a year ahead of Plan Our overall production costs will decrease Our pipeline of projects will be advanced We're on schedule for First Gold pour in less than six weeks National TV coverage to come BBC documentary to come National press coverage , lol, maybe even international like seen in the New York Times Apart from the £1.10p bit this is all good news and as has been said before , when this was arranged the share price was most probably not far off that price anyway
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13/8/2020
08:48		pr100: No steelwatch, I don't count you as a member of the rampers' club. Nor do I consider myself a deramper as I have been posting mostly negative research and analysis since the arrival of the hapless Gray and while owning more SGZ shares than most, ie for several years when I would have profited from the share price going up. And of course, derampers post frequently whereas I only post occasionally. And most derampers post nonsense whereas my posts often dazzle with insight. And most derampers want the share price to drop whereas I don't give a fig about the share price today and rarely comment on it. I'm more of an auditor. I highlight nonsense posted by the rampers or by the hapless Gray - and I flag up negative news that the rampers would prefer to ignore. You should count yourselves lucky to have me. If the hapless Gray hadn't been rude to me - based on misinformation from his favourite fanboys - I wouldn't be bothering to post now that I have divested.
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