First Target Dead Ahead
John Newell of John Newell & Associates shared a chart on Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA) showing his price targets from August. Click to see how close the company is to the first target and what other targets Newell is looking out for. You will also be directed to an article showing fundamentals of the company that discusses the latest news of a strategic partnership with Montage Gold Corp. (MAU:TSX.V) and a significant investment by the Lundin family.
John Newell of John Newell & Associates recently shared a chart with us here at Streetwise Reports.
The chart was originally created at the end of August this year, but he updated it on December 6, 2024. In this chart, Newell mapped out four price targets he sees for Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA).
As you can see on the above chart, the first target is CA$0.22. On Friday, December 6, 2024, Sanu gold closed for trading at CA$0.15, spurring Newell to update this chart, showcasing how close we are to his first target. On December 18, 2024, the company closed at CA$0.17.
To find out more about the fundamentals of the company, you can see our most recent article on Sanu Gold here. This article discusses the company's latest news of a strategic partnership with Montage Gold Corp. (MAU:TSX.V) and a significant investment by the Lundin family.
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Important Disclosures:
Sanu Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sanu Gold Corp.John Newell: I determined which companies would be included in this article based on my research and understanding of the sector.Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.For additional disclosures, please click here.
John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.