Top Stocks to Watch for July 18, 2014 (TSXV: AGG) (NYSE: USU)

Published:

Company Name Exchange Ticker Market Cap
(Mn)
Last Price Last Volume Price Return
(1-Day)
Price Return
(5-Days)
52-Week High 52-Week Low
African Gold Group Inc TSXV AGG 22.3 0.14 308,500 16.7% 16.7% 0.23 0.06
USEC Inc NYSE USU 29.8 6.03 9,261,986 22.1% 11.1% 29.12 2.63

Note: Market cap and Share Price are in their respective currencies

African Gold Group Inc (TSXV: AGG), a junior mineral exploration company engaged in the identification, acquisition and exploration of properties for mining of precious and base metals, was among the top performers in the Canadian diversified metals & mining sector after climbing 16.7% during the last trading session. Moreover, the stock breached the key technical resistance levels of short term 50-day and long term 200-day DMAs of C$0.14 & C$0.13 respectively yesterday and ended at C$0.14 with strong trading volumes of 308,500 shares. During the past five trading sessions, the stock gained over 17% with daily average trading volumes of 125,305 shares compared to 1-month average trading volumes of 109,670 shares. Recently, AGG appointed Mr. Misha Anthony Collins as the feasibility study coordinator and views this appointment as an important milestone for the company as it embarks on the road to production at its Kobada Gold Project.

Shares of USEC Inc (NYSE: USU), a global energy company engaged in supplying low enriched uranium (LEU) for commercial nuclear power plants, broke out the long term 200-day DMA of $5.45 Thursday powering 22.1% higher. The stock ended yesterday at $6.03 while recording significant trading volumes of over 9.2 million shares. During the past five trading sessions, the stock surged 11.1% with daily average trading volumes of 2.9 million shares, while the stock accumulated over 80% in the past one month with daily average trading volumes of 2.6 million shares. On July 7th, the company announced that it would pursue a Chapter 11 bankruptcy plan.

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