SPDR Gold Trust (GLD)

[NYBob]

SpotOnTrade thank you, Alamos Gold Inc. AGI has been struggling lately, but the selling pressure may be coming to an end soon.

That is because AGI recently saw a Hammer Chart Pattern which
can signal that the stock is nearing a bottom.

What is a Hammer Chart Pattern?

A hammer chart pattern is a popular technical indicator
that is used in candlestick charting.
The hammer appears when a stock tumbles during the day,
but then finds strength at some point in the session to
close near or above its opening price.
This forms a candlestick that resembles a hammer, and it
can suggest that the market has found a low point in
the stock, and that better days are ahead.

Other Factors

Plus, earnings estimates have been rising for this company,
even despite the sluggish trading lately.
In just the past 60 days alone 4 estimates have gone higher,
compared to none lower, while the consensus estimate
has also moved in the right direction.

Estimates have actually risen so much that the stock now has
ex. a Zacks Rank #1 (Strong Buy) suggesting this relatively
unloved stock could be due for a breakout soon.
This will be especially true if AGI stock can build momentum
from here and find a way to continue higher of off this encouraging
trading development.
You can see the complete list of today’s Zacks #1 Rank
(Strong Buy) stocks here....
ex....

Stock Set to Double -
Zacks experts released their pick to gain +100% or more in 2020.
Ex.

Alamos Gold wins sustainability award
Michael McCrae Michael McCrae
Monday September 16, 2019 15:17
Kitco NewsShare this article:

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Image courtesy of Alamos Gold

Responsibility Practice 2019 by the Mexican Center for Philanthropy
(Cemefi), the Alliance for Corporate Social Responsibility in Mexico
(AliaRSE), and Forum Empresa.

The award highlighted Alamos Gold's voluntary relocation of residents
from Mulatos to Matarachi.
The Mexican miner also built 21 new homes, a new school, church and
medical clinic.


"We are honored to be receiving this Award for our commitment and
leadership in corporate social responsibility in Mexico.
As a company, sustainability and corporate social responsibility are
core values which are incorporated into activities at all our
operations," said John A. McCluskey, President and CEO.

Alamos Gold is a Canadian-based intermediate gold producer.

By Michael McCrae
For Kitco News

Contact [e-mail]
www.kitco.com

The award highlighted Alamos Gold's voluntary relocation of residents from Mulatos to Matarachi.

https://www.kitco.com/news/2019-09-16/Alamos-Gold-wins-sustainability-award.html







https://www.alamosgold.com/s/Home.asp


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