|Day Low/High||0.31 / 0.35|
|52 Wk Low/High||0.19 / 0.47|
It looks like traders are trying to exploit a clear pattern rather than developing big-picture views.
Golden Minerals (AMEX:AUMN) hit a new 52-week low Thursday as it is currently trading at $10.81, below its previous 52-week low of $10.93 with 38,283 shares traded as of 9:47 a.m. ET. Average volume has been 183,000 shares over the past 30 days.
Golden Minerals (AMEX:AUMN) has been downgraded by TheStreet Ratings from from a hold to sell.
Golden Minerals (AMEX:AUMN) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at 9.6 times its average daily volume and trading down 54 cents (-2.7%).
These stocks will likely outperform their peers and broader markets, based on their respective 12-month price targets.
Shares of Golden Minerals (AMEX:AUMN) have taken a tremendous swing upward. The stock is trading at $22.44 as of 2:48 p.m. ET, 21% above Tuesday's closing price of $18.55. Volume is at 163,719, two times the daily average of 81,700.
These stocks have upsides largely attributable to higher prices of their underlying metals and company-specific developments.
Alvarion and Spherix are among several stocks moving on above-average volume Thursday.
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