This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

3 Under-$10 Stocks Bursting Higher

Stock quotes in this article: NVTL, RIC, PPP

Richmont Mines (RIC)

This company engages in the acquisition, exploration, development, and operation of mineral properties, principally gold in Canada. It operates the Beaufor Mine in Quebec and the Island Gold Mine in Ontario. The stock is trading up 4.4% to $3.04 in recent trading.

Today's Range: $2.92-$3.06

52-Week Range: $2.71-$12.91

Volume: 177,000

Three-Month Average Volume: 301,274

From a technical perspective, RIC is trending higher here right above some near-term support at $2.71 with lighter volume. This stock recently gapped down from $3.89 to around $2.75 with heavy downside volume. Following that gap down, shares of RIC went on to hit a new 52-week low at $2.71. Shares of RIC have now started to rebound off that $2.71 low and move within range of triggering a near-term breakout trade. That trade will hit once RIC manages to take out its gap down day high of $3.13 with high volume.

Traders should now look for long-biased trades in RIC as long as it's trending above $2.71, and then once it sustains a move or close above $3.13 with volume that hits near or above 301,274 million shares. If that breakout triggers soon, then RIC will set up to re-test or possibly take out its next major overhead resistance levels at $3.75 to $3.89. Any high-volume move above those levels will then put $4 to $4.24 into focus for shares of RIC.

Primero Mining (PPP)

This company is engaged in the business of acquiring, exploring, evaluating and developing mineral property concessions in Mexico. The Company acquired interest in the Ventanas project. This stock is trading up 4% to $6.27 in recent trading.

Today's Range: $6.00-$6.33

52-Week Range: $2.28-$7.98

Volume: 133,000

Three-Month Average Volume: 636,076

From a technical perspective, PPP is moving higher here right off some near-term support at $6 with light volume. This move is quickly pushing PPP within range of triggering a near-term breakout trade. That trade will hit once PPP manages to take out some near-term overhead resistance at its 50-day of $6.69 and then some more overhead resistance at $6.90 with high volume.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,833.83 -209.07 -1.23%
S&P 500 1,955.93 -16.36 -0.83%
NASDAQ 4,443.4150 -49.9750 -1.11%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs