Business
Is it time to give ASX gold shares another chance?
ASX gold mining shares have been hit by a double whammy recently of weaker gold prices and a rising Australian dollar. As a result, ASX gold shares across the board, such as Evolution Mining Ltd (ASX: EVN), have fallen by at least ~30% since setting record all-time highs in mid-2020.
While the gold price might not be going anywhere anytime soon, brokers have called out the following two ASX gold shares for their potential to deliver further growth through exploration and operational upside.
1. Gold Road Resources Ltd (ASX: GOR)
The Gold Road share price pushed as much as ~10% higher on Wednesday after the company announced its 2020 full-year results. Gold Road delivered a significant uplift in earnings with earnings before…
-
General10 hours agoQantas terminal at Melbourne Airport evacuated and flights delayed due to fire
-
General24 hours agoCool weather sets cherry crops ‘weeks’ behind schedule in lead-up to Christmas
-
General22 hours ago‘Brumby Bill’ recognising heritage value of wild horses to be scrapped in NSW
-
Business22 hours ago3 ASX stocks I’d trust with $10,000 for the next decade
