Buyers defending higher levels as we watch for an entry setup

Potential Buy Entry Alert AMI

 

Time Frame : Daily

Sector : Materials/Basic Materials

Key Stats : $619.1 Million Market Cap, VWAP 0.73, ASX Ranking 297, 4 Week Av Turnover $3,102,845, Current Turnover (Intraday as at time of alert) $1,744,155.

Company Overview : Aurelia Metals Limited (AMI) is an exploration and mineral development company based in Orange NSW. The Company’s focus is the development and ongoing exploration of the Hera-Nymagee Project, which includes the high grade gold and base metal Hera deposit and the emerging high-grade copper discovery at the nearby Nymagee copper deposit.

Broker Consensus : BUY

 

AMI – Aurelia Metals Limited

AMI is showing some good early signs of buyers stepping into the action to defend higher levels. We still see that the price has some work to do before we get an entry setup so we are watching for a minor higher low to build to take price higher.

 

Stock Code : AMI – Aurelia Metals Limited

Company Website : www.aureliametals.com.au

Current Price : 0.73

Status : On watch for buy entry setup