Hycroft Mining Holding Corp (HYMC)

[Tommy]

$ANV - Shares of Allied Nevada Gold Receive a Boost, Up 4.7%

http://www.fnno.com/story/market-movers/331-shares-allied-nevada-gold-receive-boost-47-auto-generated

Up 4.7% to $5.14, Allied Nevada Gold (AMEX:ANV), is one of today's notable movers. The Dow is down 0.7% to 14,836 and the S&P is currently down 1.0% to 1,640.

Allied Nevada Gold Corporation evaluates, acquires, explores, and advances gold exploration and potential development projects. The Company's holdings include projects in Nevada, California, Idaho and Colorado in the United States, as well as Bolivia, Mexico, Indonesia and Australia.

Allied Nevada Gold share prices have moved between a 52-week high of $41.02 and a 52-week low of $3.54 and are now trading 45% above that low price at $5.14 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.6% while the 50-day MA has declined 3%.

Allied Nevada Gold (AMEX:ANV) has potential upside of 100.2% based on a current price of $5.14 and analysts' consensus price target of $10.29. Allied Nevada Gold shares should first meet resistance at the 50-day moving average (MA) of $5.73 and find additional resistance at the 200-day MA of $16.44.