Buyers lifting price off lows as news re-invigorates investors

Potential Buy Entry Alert MOY

 

Time Frame : Daily

Sector/Industry Group : Materials, Basic Materials

Key Stats : $158.39 Million Market Cap, VWAP 0.20, ASX Ranking 642, 4 Week Av Turnover $112,209.

Company Overview : Millennium Minerals Limited (MOY) is mineral exploration, development and production company focusing on gold. The company is currently focused on the Nullagine Gold Project in Western Australia

Broker Consensus : Buy

 

MOY – Millennium Minerals Limited

MOY is showing some early signs of buyers edging into the action as they start to support higher levels. Recent news flow has been taken well by investors as they start the push higher. We are now watching for a higher low for the buy entry and further evidence that we are on the right side of the action.

 

Stock Code : MOY – Millennium Minerals Limited

Company Website : www.millenniumminerals.com.au

Current Price : 0.205

Status : On watch for a buy entry setup