Yukon-Nevada Gold Corp. (YNG)


Yukon-Nevada Gold Corp. (TSE:YNG) (PINK:YNGFF) Plans to Raise $59 million May 25, 2011

Yukon-Nevada Gold Corp. ( TSE:YNG ) (PINK:YNGFF) got some traders excited after the company said they will likely be able to raise $59.3 million through equity financings. YNG share price went up 3.6% by the end of the trading session on Tuesday. Trading volume picked up as well, but barely topped the average of 718 thousand. Some increase in buying could be seen after the company announced they have negotiated terms to raise $59.3 million through exercise of warrants and a private...read more

Yukon-Nevada Gold Corp. (TSE:YNG) (PINK:YNGFF) Stock Collapsed on Heavy... May 05, 2011

The recently announced improvements in resource estimates obviously didn't satisfy the shareholders of Yukon-Nevada Gold Corp. ( TSE:YNG ) (PINK:YNGFF) as their share price went down radically on Wednesday. YNG stock collapsed moving down by 18% and extended the downtrend in a parabolic move. Trading volume was 2.22 million, or 2.5 times the average of 815 thousand. Usually such a price action means that correction is underway once the volume begins to fade. There is a vague support at 37...read more

Yukon-Nevada Gold Corp. (TSE:YNG) (PINK:YNGFF) Uptrend Is Approaching a... February 21, 2011

Yukon-Nevada Gold Corp. ( TSE:YNG ) (PINK:YNGFF) stock price is slowly approaching a possible turning point at roughly 90 cents per share. The stock has tested the area twice in the recent few months and is up for a third approach. This trading channel should have been accustomed to by swing traders already and thus the breakout is not very likely at this point. Presently, daily trading volumes are considerably light. Even when the stock spiked a bit after passing the 50-day moving...read more

Yukon-Nevada Gold Corp. (TSE:YNG) (PINK:YNGFF) Stock Faces Breakdown January 18, 2011

Yukon-Nevada Gold Corp. ( TSE:YNG ) (PINK:YNGFF) stock approached an important support level at 65 cents and is looking to break further down as far as the momentum goes. Little attempt to breach the support has been made yet, but the trading volume has picked up in the recent few sessions, showing slight signs of panic selling. The price has gone flat for the time being, which is a sing of indecision. 70 cents now provide a considerable resistance, so a breakout should be made soon as the...read more