Yuzhuralzoloto – ambitious production growth plans
Yuzhuralzoloto intends to double gold production by 2 times by 2028
. Yuzhuralzoloto is one of the few companies capable of increasing production at such a pace. The increase in the price of gold will allow the company to significantly increase its financial performance.
TAKE PROFIT
Yuzhuralzoloto shares are in a growing trend, which they have been holding since the end of last year. Since mid-February, the shares have consolidated in a triangle and gone up. We believe that the target of the stock movement is 0.9 kopecks (+10% of the current price of 0.815).
STOP LOSS
Do not forget about risk management. If the price is fixed below 0.77 rubles, the scenario with further growth of the paper is canceled. The stop order[1] can be placed at the level of 0.79 rubles (-3% of the current price of 0.815 rubles).
[1] Risk management includes: setting a certain type of stop loss at certain levels, a position set method, a position reduction method, holding certain timings for decision-making and is of an individual nature, based on your personal risk profile. If you have any questions, you can contact our trader for advice (Portfolio Consultant package at the link https://eraperemen.info/priobresti/).
Disclamer. The analytics presented here are designed for people who have at least a basic understanding of the Russian financial market. If you have difficulties with the practical implementation of our recommendations, you can use the services of our specialists with the Portfolio Consultant package at the link: https://eraperemen.info/priobresti/
