Birchcliff Energy Ltd. (TSE: BIR): fell by 13.95% or $-1.23/share to $7.59. In the past year, the shares have traded as low as $8.59 and as high as $15.58. On average, 530236 shares of BIR.TO exchange hands on a given day and today's volume is recorded at 670554. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $10.91 area but be careful because the stock may face selling pressure at this level.
Sprott Inc. (TSE: SII): fell by 4.64% or $-0.28/share to $5.75. In the past year, the shares have traded as low as $5.00 and as high as $9.40. On average, 34346 shares of SII.TO exchange hands on a given day and today's volume is recorded at 4310. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $6.62 area but be careful because the stock may face selling pressure at this level.
Paladin Energy Ltd (TSE: PDN): fell by 2.53% or $-0.05/share to $1.93. In the past year, the shares have traded as low as $1.07 and as high as $3.88. On average, 1212640 shares of PDN.TO exchange hands on a given day and today's volume is recorded at 57747. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $1.94 represents resistance and the 200-day moving average of $1.69 would be an area of support.
First Quantum Minerals Ltd. (TSE: FM): fell by 2.35% or $-0.43/share to $17.84. In the past year, the shares have traded as low as $12.60 and as high as $29.60. On average, 1930250 shares of FM.TO exchange hands on a given day and today's volume is recorded at 69287. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $19.89 area where the stock may encounter resistance.
Africa Oil Corp. (CVE: AOI): fell by 2.26% or $-0.08/share to $3.46. In the past year, the shares have traded as low as $1.10 and as high as $3.71. On average, 739246 shares of AOI.V exchange hands on a given day and today's volume is recorded at 40073. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $2.23 area where the stock will likely see buying pressure.
