A small mining company with good news flow that is dragging in buyers

Potential Buy Entry Alert AVL

Time Frame : Daily

Sector : Materials/Basic Materials

Key Stats : $70.55 Million Market Cap, VWAP 0.044, ASX Ranking 902

Company Overview : Australian Vanadium Limited (AVL) is a mining company focusing on uranium, vanadium/titanium, copper and gold exploration in Australia. AVL holds portfolio of mining tenements located in Western Australia and Northern Territory. AVL currently focuses on its flagship project, Gabanintha Vanadium/uranium Project. 


AVL – Australian Vanadium Limited

AVL is a small trader that is holding higher levels and building for a run to new highs. We are watching for the recent good news flow to bring in buyers for confirmation that we are on the right side of the market. Watching for a push through 0.045 and then the higher low to build.


Stock Code : AVL – Australian Vanadium Limited

Company Website : www.australianvanadium.com.au

Current Price : 0.044

Status : On watch for higher low and buy entry setup to build