PNR - Buying OpportunityPNR looks like it wants to move higher. It has bounced off with high volume off support. I am a buyer at current levels targeting recent highs. My TP will be $0.240 (potential 7% gain) with a stop below the lows.
Please note these are my own notes, by no means trading advice. Please do your own res
Key stats
Market capitalization
73.396MEUR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.0210EUR
About PANTORO LTD
ISIN
AU000000PNR8
Sector
Non-Energy Minerals
Industry
Precious Metals
Website
pantoro.com.au
CEO
Paul Mathew Cmrlec
Headquarters
West Perth
Founded
1986
Pantoro Ltd. engages in the exploration and processing of gold mining. It operates through the Halls Creek Project and Norseman Gold Project segments. The Halls Creek Project segment is involved in the exploration, mining, and processing of gold. The Norseman Gold Project segment refers to the processing plant under construction. The company was founded on December 15, 1986 and is headquartered in West Perth, Australia.
#PNR $PNR Entry = 0.205
Stop = 0.170
In at 0.205 don't want to see 0.170 break or the move is over.
TBH the chart doesn't look that great. BIG Weekly H and S = Bearish, Weekly MAs have crossed bearish, Dalay MA,s Crossed Bearish.
Positive's
61.8 fib zone is good reversal zone.
Volume in lately soaking u
Pantoro Ltd. (Pacific Niugini - Gold) - Interesting chartOnce again a confluenece of fib levels between .17c and .18c. It is also a support level as the price has retracted and tested it about 3 times. Pantoro is a debt free company but is currently raising capital via a SPP issue. I am interested in the junior gold miners but this is not investment advic
$PNR - PANTORO - Continuing to run on volumeBought this one at 22 and its still heading in the right direction. Some good volume coming through and the moving averages are nicely providing support and diverging as is the OBV. RSI is pretty high because of the momentum so perhaps some pull back could be expected before continuing its run. They
PNR Goldies getting some loveH&S made target @ .210. Needs to break out of the daily resistance line. Looking for a small pullback and the potential to form a cup & handle on daily chart. Weekly MACD crossed bullish. Looking for the daily MA to cross and price to break out of upper resistance. Zone's of congestion/interest mark
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Income Statement
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