a1 minerals climbs 4.6% on high volume

A1 Minerals (S&P/ASX 200 Materials) Climbed 4.6% on high volume rising for a second consecutive day, a two day rise of 7.9%

A1 Minerals rose 1.5c (or 4.6%) on high volume to close at 34.0c. Compared with the All Ordinaries index, which rose 42.8 points (or 0.9%) on the day, this was a relative price change of 3.7%. The stock rose for a second day on 11 Feb 10 bringing its two-day rise to 2.5c or 7.9%

AAM Fundamentals:

The market cap as at todays SP is: 59.2 million

Assets is 17.9 million

Revenue: $199,062.

The SP has added 3% in the last week. A price rise combined with high releative strength is a bullish signal.

The price book is 2.4 compared to todays market average of 10.2 which is another bullish signal for this stock.

Today price rise went against the trend of the total Australian market of 1317 stock straded today of which were down 96.8 points or 0.8%. AAM as at today is out performing 96% of the market.

This stock is Recommended as a short term "Strong Buy"