RRL has endured a tough journey post COVID like many in the sector although their recent poor output and cost guidance has exaggerated the move i.e. The outlook for costs was increased by ~18%. We know from our Weekly Q&A that human nature is to try and buy stocks on the cheap often ignoring why they’re cheap in the process. This is one such stock in our opinion that until it can turn its operational performance around is no more than a punt.
- We can see RRL test/break its 2022 low in the 2H.
MM prefers other Gold stocks
Add To Hit List
