Research Initiated on Basic Materials Stocks Guyana Goldfields, Semafo, U3O8, and Mandalay Resources

2017-07-28

TSXV - TSX Venture Exchange · Gold · Canada

LONDON, UK / ACCESSWIRE / July 28, 2017 /Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Metals & Mining industry that trades on the Toronto Exchanges. This morning, our team has regrouped these stocks for study: Guyana Goldfields, Semafo, U3O8, and Mandalay Resources. Register for these free reports at: http://protraderdaily.com/register/.

At the closing bell on Thursday, July 27, 2017, the Toronto Exchange Composite index edged 0.13% higher to finish the trading session at 15,191.36 with a total volume of 301,749,962 shares exchanging hands for the day.

Pro-Trader Daily's complimentary research reports on the following stocks are now available: Guyana Goldfields Inc. (TSX: GUY), Semafo Inc. (TSX: SMF), U3O8 Corporation (TSX: UWE), and Mandalay Resources Corporation (TSX: MND). Sign up now for your free membership and research reports at: http://protraderdaily.com/register/.

Guyana Goldfields Inc. (TSX: GUY)

Toronto, Canada headquartered Guyana Goldfields Inc.'s stock edged 0.39% lower, to finish Thursday's session at $5.13, with a total volume of 606,723 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages. Guyana Goldfields' 200-day moving average of $6.40 is above its 50-day moving average of $5.68. Shares of the Company, which engages in the investment, acquisition, exploration, development, and operation of gold properties in Guyana, South America, are trading at a PE ratio of 28.50. See our research report on GUY.TO at: http://protraderdaily.com/optin/?symbol=GUY.

Semafo Inc. (TSX: SMF)

On Thursday, shares in Saint-Laurent, Canada headquartered Semafo Inc. recorded a trading volume of 1.47 million shares. The stock ended the day 2.28% lower at $3.00. The Company's shares are trading above its 50-day moving average. The stock's 200-day moving average of $3.74 is above its 50-day moving average of $2.98. Shares of the Company, which engages in the exploration and production of gold properties in West Africa, are trading at a PE ratio of 62.50. The complimentary research report on SMF.TO is at: http://protraderdaily.com/optin/?symbol=SMF.

U3O8 Corp. (TSX: UWE)

On Thursday, shares in Toronto, Canada-based U3O8 Corp. ended the session 25.00% higher at $0.03, with a total volume of 263,010 shares traded. Shares of the Company, which focuses on the exploration and development of uranium and related mineral resources in South America, are trading below its 50-day and 200-day moving averages. Furthermore, the stock's 200-day moving average of $0.04 is greater than its 50-day moving average of $0.03. Register for free and access the latest research report on UWE.TO at: http://protraderdaily.com/optin/?symbol=UWE.

Mandalay Resources Corp. (TSX: MND)

Toronto, Canada headquartered Mandalay Resources Corp.'s stock closed the day flat at $0.38. The stock recorded a trading volume of 685,363 shares, which was above its three months average volume of 510,841 shares. Shares of the Company, which acquires, explores for, extracts, processes, and reclaims mineral properties in Australia, Chile, and Sweden, are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $0.61 is greater than its 50-day moving average of $0.40. Get free access to your research report on MND.TO at: http://protraderdaily.com/optin/?symbol=MND.

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