Post-Bell Update: (NYSE American: GORO) Is All Over Our Radar With Key Triggered Technicals
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September 22nd Greetings, Friend!
Goldgroup Mining Inc. (NYSE American: GORO) sits in our #1 watchlist spot Tuesday morning.
And there isn't just a single reason for that. In fact, there are multiple.
Soak this in:
#1. Key technical indicators are triggered right now. When the morning bell rang, Barchart was reporting 12 of 13 technical indicators to be triggered.
Of those 12, they also include the website's composite "Trend Seeker" indicator.
#2. September has provided several positive news announcements:
Goldgroup Upsizes Private Placement to $125Mn in Response to Strong Investor Demand
Goldgroup Highlights Its Two Producing Mines and Significant Growth Potential Across the Don David Gold Complex in Mexico
Goldgroup Reports Strong First Results from 26,000 Metre San Francisco Drill Program
We understand it's a lot to take in all at once. That said, as this news keeps circulating, GORO will remain fixed on our radar.
Review our initial report below on (NYSE American: GORO) and consider this profile for your watchlist. -----
Were you able to put your eyes on Monday's Nasdaq profile?
All it did was climb roughly $2.00 from Friday's close of $15.80 to Monday's high of $17.80.
That's an approx. 12% move to start the week.
Now, we're looking at this...
On September 10th, 2026, Goldgroup Mining Inc. (NYSE American: GORO) made its case for the Don David complex in Oaxaca, and the headline was that it now runs two producing underground mines.
Arista has produced since 2010. Alta Gracia restarted on February 20, 2026. Both feed the El Aguila mill, on a 55,119 hectare package along one structural corridor.
The drilling behind that footprint is heavy.
A 34,250 metre program is under way for 2026, and an August release counted 25,726 metres across 123 holes to July 31st, with as many as five underground rigs and two surface rigs working at once.
The grades did their part.
Hole 525086 on the Sadie 1 vein returned 1.92 metres of estimated true width at 13.49 grams per tonne gold and 931 grams per tonne silver.
Hole 426017 at Alta Gracia, a greenfield target outside the producing complex, cut 3.26 metres at 3.34 grams per tonne gold and 1,079 grams per tonne silver.
Chairman and interim Chief Executive Officer Javier Reyes said the aim is to "continue discovering and defining mineralization with potential to extend mine life, grow our resource base and create long-term shareholder value." |
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