|Day's Range||19.42 - 19.61|
|52 Week Range||16.35 - 25.93|
|PE Ratio (TTM)||34.28|
|Dividend & Yield||0.15 (0.93%)|
|1y Target Est||N/A|
Operations at the mine's Panel Cave 1 are expected to resume during the 3rd quarter
Australian gold and coal mining stocks could face hefty increases in their electricity bills over the next few years as around $500 million of power contracts are re-negotiated by 2020. Goldman Sachs has taken a closer look at the fallout from rising power prices on Australian miners who pay around $3.5 billion a year for electricity. Australia's energy network is a mess at the moment - witness Tesla building the world's largest lithium ion battery in South Australia - thanks to closures of large coal-fired power stations, rising gas prices due to increased exports of liquefied natural gas, and the addition of more costly renewable energy.