AGC has had a nice rise of late and is on the cusp of closing above the $1.66 resistance level.
The chart looks good for this gold producer.
Fundamentals are also very attractive - gas power has replaced diesel in much of its open pit operations and this is going to dramatically lower AGC's production costs.
AGC's active exploration programme is looking pretty exciting and should provide plenty of upside for this tightly held gold stock.
Back to the chart for Agincourt Resources - if we get a close above that key $1.66 level then ACG should push on towards the $1.90 - $2.00 range (as a first target).
Exciting times ahead for goldbugs.
bullish indicators - i like 'em
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $65.36M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 27.0¢ | $88.26K | 320.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19617 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 14010 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| AGC (ASX) Chart |