Ely Gold Royalties (TSXV: ELY) closed today at a new 10-year high of $0.54 per share for a gain of 80% since NIA announced ELY as its #1 gold royalty stock suggestion at $0.30 per share! Click here to read NIA's initial ELY alert from August 1, 2019 at 3:30PMEST!
During the final half hour of trading on August 1st, ELY's U.S OTC symbol ELYGF traded a record 639,374 shares (47X higher than its average half hour volume) and it remains to this day its #1 highest half hour of volume in history! ELY rallied 23.33% during the final 30 minutes of trading on August 1st to close at $0.37 per share!
On August 2nd, ELY gained another 8.11% to close at a new 9 1/2 year high of $0.40 per share!
On August 5th, the Canadian markets were closed, but NIA sent out an alert at 3:40PMEST entitled, "Consider Taking Advantage of ELYGF". NIA explained that although it was a Canadian holiday, gold priced in CAD had exploded that day to a new all-time high of $1,936.77 per oz. NIA reminded its U.S. members about ELY's U.S. OTC symbol ELYGF and during the final 20 minutes of trading, ELYGF exploded by 13.36% on volume of 232,000 shares (25.6X higher than its average 20 minute volume)!
On August 6th, ELY reached a new 9 1/2 year high of $0.47 per share on record volume of 790,409 shares (8X higher than average)! At ELY's August 6th high of $0.47 per share it had gained by 56.67% from NIA's August 1st suggestion price of $0.30 per share!
On October 22, 2019 at 9:23AMEST, NIA reprofiled ELY at $0.34 per share predicting that another huge short-term rally was imminent after Wallbridge Mining (TSX: WM) announced that it intercepted 27.00 g/t gold over 38.39m at its Fenelon project! NIA pointed out how ELY owns a 2% NSR royalty in WM's Fenelon project! ELY's U.S OTC symbol ELYGF traded 258,675 shares that day (3X above average), which was its highest volume day of the previous two months! ELY exploded by 11.76% to finish October 22nd up to $0.38 per share!
On October 25, 2019, ELY gained another 5.26% to close at $0.40 per share on volume of 386,720 shares (4X above average)!
On October 28, 2019 at 4:29AMEST, NIA alerted its members to ELY breaking out of its bullish pennant pattern! NIA pointed out how despite ELY closing the previous week up to $0.40 per share, its 14-day relative strength index (RSI) was only 62.77. NIA explained how when ELY had last closed at $0.40 per share on August 2nd, its RSI was at an extremely overbought 81.11! Following NIA's October 28th early morning update, ELY's U.S. OTC symbol ELYGF traded 688,656 shares (8X above average), which was its second highest volume day in history! ELY exploded by 8.75% to finish October 28th at $0.435 per share its #1 highest closing price in 9 1/2 years!
NIA alerted its members about how October 28th was ELY's 7th straight green candlestick! On October 29, 2019, ELY gained as much as 8.05% to return to its 9 1/2 year high of $0.47 per share that it originally reached on August 6th! At ELY's October 29th high of $0.47 per share it had gained by 38.23% since NIA predicted one week earlier on October 22nd that another huge short-term rally was imminent!
NIA announced on October 29th, "ELY's key breakout point is now officially $0.47 per share."
NIA was right! Yesterday morning at 10:15AMEST, ELY surpassed its key breakout point of $0.47 per share. Within 24 hours of surpassing $0.47 per share, ELY exploded by 14.89% to finish today at a new 10-year high of $0.54 per share!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA was previously compensated by ELY USD$30,000 cash for a six-month marketing contract which has since expired. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.