Americas Silver Corporation (TSE:USA), formerly Scorpio Mining, is a mid-tier silver producer focused on growth in precious metals from its existing asset base and execution of targeted accretive acquisitions. Americas Silver Corporation owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Mine Complex in Idaho, USA. The company has 39.54 million shares […]
Stock Market News
What 2017 Holds for gold and silver mining stocks?
Last time I published my views on gold was on November 24th, 2016. Gold, silver and in general, the whole mining sector was under great pressure since 2016 US elections. Gold kept trading lower until it reached US$1124 on December 14th, 2016. Like many of those in the bullish camp in the mining sector, I […]
Avesoro Resources Inc. (TSE:ASO): An Undervalued Gold Producer
Avesoro Resources Inc. (TSE:ASO), formerly Aureus Mining Inc. (TSE:AUE), is a Canada-based mid-tier gold producer. The company is engaged in the exploration and development of gold deposits in Liberia and Cameroon through its subsidiaries. The company has 5,324.7 million shares and has a fully diluted market capitalization of CAD160 million. The company currently has zero […]
Gold’s Recent Price Action November 24, 2016: Will Gold Resume its Uptrend?
Will Gold Resume its Uptrend? Since reaching $1375 high of July 3rd, 2016 gold has given up more than 50% of its recent gains. Gold was hovering near its $1200 support level after 2016 US presidential elections which was broken on November 23rd, 2016. Currently I am watching for the next support at $1173 which […]
Gold Price Direction after Trump’s Victory in US 2016 Election
When I wrote the post “Has Gold Reached The Top?” in the last week of May 2016, gold was in correction phase and trading in $122X range. After reviewing various indicators and historical trends I concluded my post with: “Based on the historic and cyclical gold market trends, I am quite convinced that it is […]