Prospect Global Resources Inc. (NASDAQ:PGRX) up by 5.88%, Jaguar Mining Inc. (NYSE:JAG)

Posted by George Brook May 20, 2013 0 Comment 543 views


Miami, FL 05/20/2013 (GDPInsider) – Prospect Global Resources Inc. (NASDAQ:PGRX) is up by whopping 5.88% representing a rise of $0.012 from its Friday’s close of $0.21 and is now trading close to $0.223, with about 0.207 million shares traded during the day. At the current levels the stock is almost 96.65% off its 52-week high of $7.00 and 11.81% above its 52-week low of $0.21. The relative strength index of the stock calculated over a period of 14 days is currently at 41.38 which reflect that the stock is heading towards an oversold zone, thus we can expect the stock to bounce back after getting a support at some key levels. The stock is trading below its short and long moving average of 50 days and 200 days respectively, a sign of pessimism. The stock is 27.22% below its 50 days SMA and 84.85% below its 200 days SMA. It is also trading below its short term 20 days SMA by about 15.69%.

How Should Investors Trade PGRX Now? Get the latest trends and data here.

Jaguar Mining Inc. (NYSE:JAG) is down by whopping 1.18% representing a decline of $0.005 from its Friday’s close of $0.40 and is now trading close to $0.394, with about 0.739 million shares traded during the day. At the current levels the stock is almost 77.33% off its 52-week high of $1.69 and 3.54% above its 52-week low of $0.37. The relative strength index of the stock calculated over a period of 14 days is currently at 36.00 which reflect that the stock is heading towards an oversold zone, thus we can expect the stock to bounce back after getting a support at some key levels. The stock is trading below its short and long moving average of 50 days and 200 days respectively, a sign of pessimism. The stock is 23.90% below its 50 days SMA and 52.29% below its 200 days SMA. It is also trading below its short term 20 days SMA by about 7.46%.

Is JAG a solid investment at these levels? Get valuable updates and exclusive insights here.

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About George Brook

George Brook covers money and politics for GDP Insider. George is a veteran journalist who has also covered Congress, national political conventions and presidential politics. George also covers the White House as well as economic and domestic policy for GDP insider. George's reporting has won numerous awards, including two Scripps Howard awards, two National Headliners, two Gerald Loeb Awards, as well as honors from Sigma Delta Chi and the National Press Club.

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