Stocks to Watch: Eyes on General Moly, Inc. (GMO), Mountain Province Diamonds Inc. (MPVD)

The price of General Moly, Inc. (NYSE:GMO) went up by $0.01 now trading at $0.21. Their shares witnessed a 31.25% increase from the 52-week low price of $0.16 they recorded on 2018-11-29. Even though it is still -119.05% behind the $0.46 high touched on 2018-08-24. The last few days have been good for the stock, as its price has grew by 3% during the week. It has also performed poorly over the past three months, as it lost around -10.43% while it has so far retreated around -45.79% during the course of a year. The stock of GMO recorded -8.32% downtrend from the beginning of this year till date. The 12-month potential price target for General Moly, Inc. is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

4 institutions entered new General Moly, Inc. (NYSE:GMO) positions, 10 added to their existing positions in these shares, 11 lowered their positions, and 4 exited their positions entirely.

General Moly, Inc. (GMO) trade volume has increased by 1.19% as around 158,952 shares were sold when compared with its 50-day average volume of traded shares which is 157,082. At the moment, GMO is witnessing a downtrend, as it is trading -0.82% below its 20-day SMA, -9.05% below its 50-day SMA, and -22.74% below its 200-day SMA. The company runs an ROE of roughly -10.5%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 14.2% increase witnessed over the past five years.

The first technical resistance point for General Moly, Inc. (NYSE:GMO) will likely come at $0.21, marking a 0% premium to the current level. The second resistance point is at $0.21, about 0% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.2, the lower end of the range. GMO’s 14-day MACD is 0 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 45.55, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 50.31 percent, which is low when compared to that of the 50-day’s 56.15 percent.

The shares of Mountain Province Diamonds Inc. (NASDAQ:MPVD) has decreased by -4.17%, and now trading at $1.15 on the Wall Street in the intra-day deal, with their shares traded now around 197,160. This is a rise of 67,520 shares over the average 129,640 shares that were traded daily over the last three months. The stock that is trading at $1.15 went higher by 41.98% from its 52-week low of $0.81 that it attained back on 2019-04-09. The stock recorded a 52-week high of $2.92 nearly 357 days ago on 2018-05-22.

MPVD stock has performed well over the past 30 days, as it added 25.39% while its price plunged by -19.94% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 9.52% over the last week. The stock’s 12-month potential target price is now at $7. This means that the stock price might likely increase by 508.7% from its current trading price. 2 out of 3 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 33.33% rated it as a hold, with 0% of analysts rating it as a sell.

Mountain Province Diamonds Inc. (NASDAQ:MPVD) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 11.86% above its 20-day SMA, 18.86% above its 50-day SMA, and -21.78% below its 200-day SMA. In percentage terms, the aggregate Mountain Province Diamonds Inc. shares held by institutional investors is 18.01%. 6 institutions jumped in to acquire Mountain Province Diamonds Inc. (MPVD) fresh stake, 11 added to their current holdings in these shares, 14 lowered their positions, and 4 left no stake in the company.

The stock’s 9-day MACD is 0.07 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 69.98, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 42.43 percent, which is less when compared to that of the 50-day’s 51.14 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.22, sporting a 5.74% premium to the current level. The next resistance point is at $1.29, representing nearly 10.85% premium to the current market price of Mountain Province Diamonds Inc. (MPVD). On the other hand, failure to breach the immediate hurdles can drag it down to $1.05, the lower end of the range.

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