End of Month - August 2020End of Month Report for August 2020 for Auryn Resources Inc. -
AUG.TO closed on 08/31/2020 at C$2.55
AUG.TO closed on 07/31/2020 at C$3.05
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AUG.TO was DOWN 16.4%, or 50-cents, for August -
Indexes -
Junior Gold Miners ETF [GDXJ], @ US$60.19, lost 0.4% in August. [37.9% above its MA(200) @ $43.46]
Copper, @ US$3.06, gained 6.6%, or US$O.19, in August. [ 16.8% above its MA(200) @ $2.63]
Gold, @ US$1,978.6 lost 0.4%, or US$7.30, in August. [17.5% above its MA(200) @ $1,83.80]
Silver, @ US$28.59, gained 18.0%, or US$4.37, in August [55.8% above its MA(200) @ $18.35]
S&P 500 Index, @ 3500.3 gained 7.0% in August. [13.5% above its MA(200) @ 3085.1
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Two Hundred Day Moving Average [MA(200)] stuff. AUG.TO’s MA(200) ended August at C$1.95
AUG.TO is 30.8% above its MA(200).
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News Release for August -
August 31, 2020
Auryn and Eastmain Announce a C$22.5 Million Equity Financing -
https://www.aurynresources.com/site/assets/files/2904/2020_08_31_aug_newsrelease_aurynannouncespp-cad.pdf -
[RJ: Please explain what will happen to our shares and what we get.] -
The Big Cheese: Ivan Bebek, Executive Chairman
Shawn Wallace, President & Chief Executive Officer
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RJ