AAGC

ALL AMERICAN GOLD CORP (AAGC) Hits Another New High

Shares of ALL AMERICAN GOLD CORP (OTC:AAGC) have been showing very good buying activities since May and AAGC stock has witnessed a gain of over 160% since then.

In the month of May, AAGC was one of the most illiquid stocks and AAGC stock climbed 25% during the same month on very low volume with only 10.60K shares trading in two trading sessions, while the rest of the session was completed without any transaction.

In June, AAGC stock started doing well and climbed 22% in the first trading of the month with about 32.50K shares exchanged hands. However, AAGC stock ended 10% low for the month with again very low volume and majority of sessions didn’t even traded a single share.

Then in July, volumes started picking up and AAGC stock jumped 50% on Jul 5, 2011 with a record volume of 354K shares.

AAGC Stock Soars

AAGC stock continued to gain and ended the month with a gain of about 88% during the month of July. In August also, the stock added 10%.

So far in the month of September, AAGC stock has climbed another 10% and made a new 52-week high of $0.94 today earlier in the session. This morning AAGC stock gapped up and rose about 7%. Currently, shares of AAGC are up 3.41% to $0.91 with over 476K shares already exchanged hands, compared to its 30-day average volume of 31K shares.

We couldn’t find any specific reason for the recent rally, but seems like some market participants are speculating AAGC stock with the given rise in the prices of Gold. We have seen lots of small cap gold mining companies gaining as gold climbed to new record on global debt crisis and fear of double dip recession.

More Penny Stock News, IPO Updates and Stock Market Research.

Get AAGC Updates from our FREE eMail List

Related posts:

1. Gold Prices in 2011 Gold prices in 2011 bounced back to a high again...

Related posts brought to you by Yet Another Related Posts Plugin.