ESM 10th Of February A Major Move; 0,19 - 0,28, about 50% gain in one day.
https://www.barchart.com/stocks/quotes/ESM.TO/overview
Gold price increased less the 1% at the same time - still a big move on the stock.
One day in this month ( a lot happens in March) the same will happen again - a new 50% move up - yet this time it will probably not go down - strong technical support now!
Or it could be a lot bigger move - depending on the macroeconomics and/or how much the gold price gain stronger momentum that day.
All gold stocks will profit that day, yet some more than others. With a target price of 20X plus the current share price; ESM is a safe leverage stock choice.
Do your own due diligence, this is all IMO.
https://www.barchart.com/stocks/quotes/ESM.TO/overview
Gold price increased less the 1% at the same time - still a big move on the stock.
One day in this month ( a lot happens in March) the same will happen again - a new 50% move up - yet this time it will probably not go down - strong technical support now!
Or it could be a lot bigger move - depending on the macroeconomics and/or how much the gold price gain stronger momentum that day.
All gold stocks will profit that day, yet some more than others. With a target price of 20X plus the current share price; ESM is a safe leverage stock choice.
Do your own due diligence, this is all IMO.
Robert
