SLGLF: Volume Spike; 46% > 20-adsv, Stock +4.90%
TUESDAY , FEBRUARY 20, 2007 01:45 PM
This is the 1st VOLUME alert for SLGLF in the past 7 calendar days.
Trading for Silverado Gold Mines Ltd (OTCBB: SLGLF) has been heavier than usual in today's session. By 13:45 ET, the stock had already traded 6,604,200 shares via 136 trades. The cumulative volume is 45.71% above its 20-day average of 4,532,340. Normally the stock experiences around 230 individual trades per session.
So far, today's volume surge has caused a net rise in SLGLF's stock price. At the time of this alert, the stock was trading at $0.107, up $0.005 (+4.90%).
One year ago, the Company's shares closed at $0.172. The price has declined more than 37 percent since then.
Over the last 10 trading session SLGLF has traded in a range between $0.088 and $0.102 and is currently trading 40.56% below its 52-week high of $0.180 set on May 01,2006 and 127.66% above its 52-week low of $0.047 from October 25,2006.
In the previous 3 sessions, SLGLF trading has displayed a positive trend. Closing results have been as follows:
February 16, 2007 --- closed at $0.102 up $0.002 (+2.00%) on 4,720,300 shares February 15, 2007 --- closed at $0.100 up $0.001 (+1.01%) on 3,553,100 shares February 14, 2007 --- closed at $0.099 up $0.002 (+2.06%) on 4,417,000 shares |