Buy, Sell, Or Hold? Aftermath Silver Ltd. (OTCMKTS:AAGFF)

Aftermath Silver Ltd. (OTCMKTS:AAGFF) gained momentum at the start of the day but couldn’t hold on to it, so is it a buy,sell or hold? 

Market Action

On Thursday, AAGFF stock closed at $0.447 gained 12.23% to $0.0487. The stock has a total volume of almost 617K shares, 20% above compared to its average volume of 494K. The stock has moved in a range of $0.3980 – $0.4665 after opening at $0.398.

AAGFF Business Description

Aftermath Silver Ltd. is an exploration company based in Canada. The company acquires, explores, and develops mineral properties. The company has two-segment, one being acquisition and the other being the development of mineral properties.

AAGFF Latest Developments

Aftermath Silver Provides an update on the Challacollo.

  • The company provides an update on the Challacollo Drill and purchase agreement. Approximately 84% of the indicated and inferred mineral resources are now constrained by an optimized open pit shell, allowing the company to instigate lower grade material and second-order grade veins into the pit shell.
  • The company has split the 4th and 5th payment for Challacollo into two parts. It also decided to make the first payment of C$3 million; 50% cash and 50% in Aftermath Silver common shares. 

Ralph Rushton, President and CEO of the Company commented, “The opportunity to potentially develop a parallel lower grade heap leach project from the breccia mineralisation is an important increment to the project, this material would otherwise be mined as waste in an open pit. The potential to develop the second order higher grade veins will be investigated with the infill component of the drill programs that will be announced shortly.”

Trader Notes

Share Information

SHARES OUTSTANDING 133.10 M
SHARE FLOAT (%) 108.39 M (81.43%)
% HELD BY INSTITUTIONS 4.71

Recent Stock Performance

5-DAY PERF. -8.71%
1-MONTH PERF. -22.77%
3-MONTH PERF. -52.44%
6-MONTH PERF. -35.17%
YTD PERF. -59.88%
1-YEAR PERF. +103.87%

Moving Averages

+/- EMA(20) 0.51 (-11.76%)
+/- SMA(50) 0.63 (-28.57%)
+/- SMA(200) 0.75 (-40.00%)

Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 0.3394 0.3687 0.4080 0.4373 0.4766 0.5059 0.5452
Fibonacci 0.3687 0.3949 0.4111 0.4373 0.4635 0.4797 0.5059

Technical Indicators

Symbol Value Result Symbol Value Result
ADX 16.6474 Neutral ATR14 0.0588
CCI20 -105.1131 Sell Chaikin Money Flow -0.1964 Sell
MACD -0.0745 Sell Money Flow Index 21.2060 Sell
ROC -5.2932 Sell RSI 35.7815 Buy
STOCH (14,3) 41.5714 Neutral STOCH RSI 0.9434 OverBought
UO 39.1176 Sell Williams %R -58.4286 Neutral

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