Allied Nevada Gold - ANV

Discussion in 'Stocks' started by Hook N. Sinker, Oct 9, 2009.

  1. Allied Nevada Gold Corp. stock symbol ANV

    I notice ANV stock is trading at or near record high price values. Price values appear to be rallying from 28 months trading range. I interpret trading volume over the most recent 6 months to be greater than volume of earlier periods. shows Soros Fund Management LLC owns 3.81 % of the outstanding shares of stock. "Soros Fund Management LLC, founded by George Soros, is a privately held corporation providing financial services and investment strategies for various funds including some controversial hedge funds such as the Quantum Group of Funds." "Allied Nevada Gold Corp. and its subsidiaries engage in the evaluation, acquisition, exploration, and development of gold projects in Nevada."

    I interpret quarterly financial statements as revenue slightly increasing, liabilities increasing, assets equity fluctuating, net income increasing but negative (loss).

    I do not own ANV stock nor do I intend to.

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