With gold now trading at over $1,700 per ounce it is not surprising to see precious metal miners and related businesses score well on our share price and earnings forecast momentum screen. Aim-listed Pan African Resources (PAF) gets full marks on the screen and Highland Gold Mining Group (HGM) and Sylvania Platinum (SLP) also rank highly.
- Biotechnology is also a sector garnering attention and drug development services business Ergomed (ERGO) also does well on the Aim screen.
- Companies whose solutions might be important to the future world economy are also passing several of the screen tests, Gamma Communications (GAMA), a specialist in cloud communications has regularly scored well on this screen, although watch-lists should be wise to the fact it now fails our one month and one year share price momentum test.
- A riser in the Aim rankings is renewables focussed Good Energy Group (GOOD), although at only £31m market cap, this is a small company that could have quite a volatile share price.