Price sells off to trigger the exit at breakeven

AMI has triggered the stop loss level at 0.61.

The Alert is now closed.

 


Previous Alert 9/8/18

Current Active Alert Management AMI

 

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $487.85 Million Market Cap, VWAP 0.575, ASX Ranking 360, 4 Week Av Turnover $1,474,724.

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.

 

AMI – Aurelia Metals Limited

AMI has kicked on well since the entry so we are now on the look out for a partial exit opportunity to lock in some gains. Happy to take a partial exit at 0.70 and also raise the stop loss level to 0.61 for a breakeven trade. The buyers are showing strength but prices are stretched so happy to keep things a little tight.

 

Stock Code : AMI – Aurelia Metals Limited

Company Website : www.aureliametals.com.au

Current Price : 0.67

Previous Buy Entry (Trigger Level) : 0.61

New Sell Exit Zone (Stop Loss) : 0.61

Potential 50% Partial Exit Zone (Target) : 0.70

Status : On watch for continuation and a partial exit

 

 


Original Alert 31/7/18

New Buy Entry Alert AMI

 

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $487.85 Million Market Cap, VWAP 0.575, ASX Ranking 360, 4 Week Av Turnover $1,474,724.

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.

 

AMI – Aurelia Metals Limited

AMI buyers have stepped up the pressure after some positive drill results recently. We are now happy to buy on a push up through 0.61 and hold the stop loss at 0.55. If price falls to touch 0.55 prior to entry, we will re-assess the alert.

 

Stock Code : AMI – Aurelia Metals Limited

Company Website : www.aureliametals.com.au

Current Price : 0.57

New Buy Entry (Trigger Level) : 0.61

Potential Sell Exit Zone (Stop Loss) : 0.55

Status : On watch for a buy entry trigger