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|First Week of June 2015 Options Trading For Gold Miners ETF (GDX)
Friday, October 24, 11:10 AM ET, by Market News Video Staff
Investors in Gold Miners ETF (GDX) saw new options become available this week, for the ...
First Week of June 2015 Options Trading For AuRico Gold (AUQ)
Monday, October 27, 11:02 AM ET, by Market News Video Staff
Investors in AuRico Gold Inc (AUQ) saw new options become available this week, for the ...
Interesting GDX Put And Call Options For December 5th
Monday, October 27, 11:44 AM ET, by Market News Video Staff
Investors in Gold Miners ETF (GDX) saw new options begin trading today, for the December ...
Noteworthy ETF Inflows: GDX, GG, ABX, NEM
Tuesday, October 28, 11:12 AM ET, by Market News Video Staff
Symbols mentioned in this story: GDX, GG, ABX, NEM Exchange traded funds (ETFs) trade just ...
Eldorado Gold (EGO) Shares Cross Below 200 DMA
Tuesday, October 28, 11:27 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Eldorado Gold Corp (EGO) crossed below their 200 day ...
AUQ Stock Crowded With Sellers
By Metals Channel Staff, Tuesday, July 17, 11:36 AM ET
In trading on Tuesday, shares of AuRico Gold Inc (NYSE:AUQ) entered into oversold territory, changing hands as low as $6.23 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of AuRico Gold Inc, the RSI reading has hit 28.8 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 47.6, the RSI of Spot Gold is at 49.9, and the RSI of Spot Silver is presently 46.5.
A bullish investor could look at AUQ's 28.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), AUQ's low point in its 52 week range is $6.23 per share, with $14.17 as the 52 week high point — that compares with a last trade of $6.31. AuRico Gold Inc shares are currently trading down about 16.3% on the day.
According to the ETF Finder at ETF Channel, AUQ makes up 1.11% of the Gold Miners ETF (AMEX:GDX) which is trading lower by about 2.4% on the day Tuesday.
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