Stocks hitting new 52 week highs on September 6 are Eldorado Gold Corp, Royal Gold, Inc, Yamana Gold, Inc, Minefinders Corp. Ltd, and Allied Nevada Gold Corp. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of Eldorado Gold Corp (EGO) had a total return adjusted 52 week high today of $21.00 per share and are currently trading at $21.60. The stock traded higher by 3.60% or $0.75/share to $21.60. The stock recorded a trading volume of 3462316 today. This represents 2.57 times the average volume for Eldorado Gold Corp. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Royal Gold, Inc (RGLD) had a total return adjusted 52 week high today of $79.71 per share and are currently trading at $81.47. The stock traded higher by 3.17% or $2.50/share to $81.47. The stock recorded a trading volume of 577087 today. This represents 2.55 times the average volume for Royal Gold, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Yamana Gold, Inc (AUY) had a total return adjusted 52 week high today of $17.00 per share and are currently trading at $17.06. The stock traded higher by 1.37% or $0.23/share to $17.06. The stock recorded a trading volume of 7865539 today. This represents 2.51 times the average volume for Yamana Gold, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Minefinders Corp. Ltd (MFN) had a total return adjusted 52 week high today of $17.55 per share and are currently trading at $17.34. The stock fell by 0.69% or $-0.12/share to $17.34. The stock recorded a trading volume of 513684 today. This represents 2.82 times the average volume for Minefinders Corp. Ltd. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Allied Nevada Gold Corp (ANV) had a total return adjusted 52 week high today of $43.90 per share and are currently trading at $44.36. The stock traded higher by 1.51% or $0.66/share to $44.36. The stock recorded a trading volume of 541870 today. This represents 1.64 times the average volume for Allied Nevada Gold Corp. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
