In trading on Thursday, shares of Allied Nevada Gold Corp (AMEX: ANV) crossed below their last reported book value — defined as common shareholder equity per share — of $7.04, changing hands as low as $6.50 per share. Allied Nevada Gold Corp shares are currently trading off about 7.1% on the day. The chart below shows the one year performance of ANV shares, versus its 50 and 200 day moving averages:
Click here to find out which 9 other stocks recently crossed below their book value »
Looking at the chart above, ANV's low point in its 52 week range is $6.50 per share, with $41.02 as the 52 week high point — that compares with a last trade of $6.62.
According to the ETF Finder at ETF Channel, ANV makes up 1.41% of the SPDR S&P Metals and Mining ETF (AMEX: XME)which is trading lower by about 2.2% on the day Thursday.
