Breakout Gold Stocks to Buy: Banro (BAA)
Click to Enlarge Banro (BAA) is a gold mining outfit with operations in the Democratic Republic of the Congo. The company recently announced a 15% increase in gold production in the fourth quarter thanks to expansion and efficiency gains at its Twangiza facility.
Shares are down a whopping 88% from their 2012 high, but look ready for big upside potential as shares challenge their 200-day moving average for the first time since August 2012.
I’ve added shares of BAA to my Edge Letter Sample Portfolio.