STTCOMP ARU TA LONGARU - Arafura Rare Earths LimitedMineral...

  1. 2,604 Posts.
    lightbulb Created with Sketch. 135
    STTCOMP ARU TA LONG

    ARU - Arafura Rare Earths Limited
    Mineral explorer - rare earths such as neodymium-praseodymum and mixed middle-heavy rare earths oxides
    Market Cap: $548.6M
    Last price (intraday): 23.75c

    ARU had a monster day yesterday increasing by over 70%. It was fuelled by a market sensitive announcement regarding government support.
    It gapped up on open and had a pretty vertical day. We should see ARU retrace from yesterday which it has started doing so, then continue upwards.

    This is a chart I created yesterday of the comparison between ASN and ARU.

    https://hotcopper.com.au/data/attachments/6032/6032528-40f6256c8fb1335c4ad212b181d58bd9.jpg

    The small purple line on ASN indicates where ARU is currently. These movements of ARU could be just the start of a greater uptrend like in ASN.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.