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
