Australia Stock Alert

AUSTR

CLOSING UPDATE: King River Copper keeps rising: up 120.0% in 4 days January 16, 2018 16:00:00 AEST

NEWS BITES - AUSTRALIA

This is an end of day Alert, produced after today's Australian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

King River Copper, Australia's 163rd largest materials company by market capitalisation, extended its gains on Tuesday, rising an additional 1.10c (or 25.0%) to trade at 5.50c. Trading volume was 8.6 times average at the end of the day. The shares have risen 3.0c (or 120.0%) over the past four trading days vs. the All Ordinaries Index which has fallen 0.6% in the same period.

Technical indicators complementing today's significant uptrend:

+ In the Australian market, the stock's relative price strength percentile is rising at 100 for 6 months, 100 for 3 months and 100 for 1 month.

+ In the last one month the stock has hit a new 52-week high seven times and in the last three months nine times, pointing to a significant uptrend.

+ The price soared 120.0% in the last week and 323.1% in the last month.

Note

King River Copper today is at a discount of 6.8% to the 12-month high of 5.90c on 16 Jan, 2018. It is at a premium of 1,275.0% to the 12-month low of 0.40c on 26 Jun, 2017.

Bearish Signals:

Tobin's Q Ratio is 5.7. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price to Book of 5.7 [2.8]

TODAY'S ALERTS

Afternoon Alert: King River Copper continues significant uptrend, soars 15.9%

January 16, 2018 13:00:00 AEST

King River Copper Limited (ASX:KRC) continued its significant uptrend and soared 0.70c (or 15.9%) to trade at 5.10c today.

Morning Alert: King River Copper hits 52-week high seventh time in one month

January 16, 2018 11:00:00 AEST

King River Copper Limited (ASX:KRC) hit a 52-week high of 5.90c today for the seventh time in the past one month and last traded at 5.40c. This brought its four-day rise to 2.90c or 116.0%.

RECENT ALERTS

CLOSING UPDATE: King River Copper accelerates rise, now up 76.0% in 3 days

January 15, 2018 16:00:00 AEST

King River Copper, Australia's 186th largest materials company by market capitalisation, is up 1.90c (or 76.0%) over the past three trading days. After rising 4% on Thursday, and 26.9% on Friday, the stock rose 33.3% on Monday to trade at 4.40c vs. the All Ordinaries Index that is down 0.3% in the same period.

Afternoon Alert: King River Copper in 3rd consecutive rise, nears a 46-month high

January 15, 2018 13:00:00 AEST

King River Copper Limited (ASX:KRC) extended its gains Monday, rising an additional 1.0c (or 30.3%) to trade at 4.30c. The stock climbed 4.0% on Thursday and 26.92% on Friday bringing its 3-day rise to 72.0%. It is now approaching its thirty-three-month high of 4.50c.

King River Copper Limited (AU:KRC; ASX:KRC; AX:KRC)

ISIN: AU000000KRC2

PermID: 4295857333

Source: www.BuySellSignals.com