On today’s Breakouts report, there are 35 stocks on the positive breakouts list (stocks with positive price momentum), and 22 securities are on the negative breakouts list (stocks with negative price momentum).
Gold stocks dominate the positive breakouts list given the recent strength in the price of gold, which is near its record close of U.S. $2069.40 set on Aug. 6, 2020. Discussed today is a gold stock that is on the positive breakouts list: Aura Minerals Inc. (ORA-T).
Year-to-date, Aura’s share price is up 23 per cent, making it the 44th best performing stock out of 247 securities in the S&P/TSX SmallCap Index. The stock has a unanimous buy recommendation from five analysts. The average one-year target price is $15.28, implying the share price has 57 per cent upside potential over the next 12 months.
A brief outline on Aura is provided below that may serve as a springboard for further fundamental research when conducting your…
