Plenty of potential catalysts for a big move in AZY's share price.
But what I'm particularly hoping to see is a big move up in price of gold.
This chart shows a 3 year consolidation below the 2100 level. Three attempts to break through so far.
Look back at the last 4 yr peak in 2016 and similar consolidation thru to 2019 and next peak in 2020. If the pattern repeats we could be close to finally breaking through 2100 and off to new highs. That will set off all gold stocks.
Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-247
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.5M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 3.0¢ | 2.8¢ | $224.4K | 7.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5101000 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 7185614 | 10 |
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| Last trade - 11.27am 16/10/2024 (20 minute delay) ? |
| AZY (ASX) Chart |