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XRG

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0466$
  • Previous Close
    0.0436$
  • 52 Week Change
    0.03$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.023$ - 0.052$
  • Dividend Per Share
    --
  • Market cap
    32 716 K$
  • EPS
    0
  • Beta
    -0.038
  • Volume
    --

About

XRG.AU represents an exchange-traded fund (ETF) listed on the Australian Securities Exchange (ASX) managed by BetaShares. It is formally known as the BetaShares Resources Sector ETF. This ETF aims to track the performance of an index composed of the largest Australian listed companies in the resources sector, providing investors with exposure to a diversified portfolio of companies involved in industries such as mining and energy.
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Factors

Company Performance: XRG's financial results, revenue growth, and profitability directly influence investor confidence.

Commodity Prices: As a resource company, fluctuating prices of the resources it extracts significantly impact revenue.

Market Sentiment: General investor mood and risk appetite affect all stocks, XRG included.

Economic Conditions: Overall economic health and growth prospects influence demand for XRG's resources.

Regulatory Environment: Government policies, taxes, and environmental regulations can impact profitability.

Exploration Success: Successful exploration results leading to resource discoveries can boost share price.

Geopolitical Events: Global events and political stability in regions where XRG operates can create uncertainty.

Interest Rates: Changes in interest rates influence investment decisions and can affect stock valuations.

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