Banro Corp (BAA)

Banro bounds to the top of its Bollinger bands

Nicholas Winton

Fri, 01/08/2016 11:32

This morning we revisit Banro Gold Corp (BAA) which we last featured in October of last year. The small gold-producing junior is worth watching for its formidable relative strength. Banro has been among the strongest resource stocks since late December, rising 25%. This move has been all the more impressive when you realize Banro has outperformed the price of gold by a measure of 5 to 1 over the same period.

Is beaten up Banro set to breakout?

Nicholas Winton

Fri, 10/16/2015 7:35

This report was orignally published for INK Research subscribers before the market open on Oct. 15.

Thank you for joining us in a technical look at top ranked July INK Edge gold stock Banro Corp (BAA). The last 3 years have brought Banro shareholders misery, as shares have declined from highs near $15 per share down to 26.5 cents today. And while the long-term chart reveals the degree of shareholder pain, it also shows a stock that's a good candidate for a major turnaround.