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Bullish Stock That Have Gap Within Range- $FRSX $FSM $AUMN

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Foresight Autonomous Holdings looks promising as it announces testing of its Eye-Net(TM) Protect cellular-based V2X accident prevention solution

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Foresight Autonomous Holdings Ltd (NASDAQ:FRSX) gapped higher by 3.96% yesterday.

Eye-Net Mobile Ltd., a wholly owned subsidiary of Foresight Autonomous has announced plans to start a pilot project with a multi-billion dollar global Japanese technology company. The project will involve testing of its Eye-Net(TM) Protect cellular-based V2X accident prevention solution.

The company intends to use the pilot project to validate the capabilities of its Eye-Net solution as well as the solution's technical specifications. The Japanese technology company can go on to commercial integration after successful completion of the validation.

Fortuna Silver Mines is bullish with strong financial results

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Fortuna Silver Mines Inc. (NYSE:FSM) stocks gaps higher by 3.97% yesterday.

Fortuna Silver Mines announced $44.5 million in sales during 2Q 2020 compared to $67.9 million reported in 2Q 2019.The company reported $5.7 million in net loss compared to $10.3 million in net income reported in 2Q 2019. Adjusted net loss during the second quarter of 2020 amounted to $5.1 million compared to 47.2 million in adjusted net loss reported in 2Q 2019.

During the quarter, the company reported $9.4 million in adjusted EBITDA compared to $27.2 million reported in 2Q 2019. Fortuna Silver reported $0.2 million in free cash flow from its ongoing operations. This is a big drop from the $15.4 million that was reported in 2Q 2019. The company produced 1,273,922 ounces of silver and 7,099 ounces of gold during the quarter.

Golden Minerals is bullish with positive financial outlook for the next financial year

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Golden Minerals Co. (NYSE:AUMN) sharply gapped higher by 4.22%.

Golden Minerals has announced $3.6 million in cash and at the end of 2Q 2020. The company has projected $7.9 million in net proceeds related to a July 2020 public equity offering by June 30, 2021. In addition, the company expects $1.3 million in net operating margin in the coming financial year.

During the coming 12 months, the company expects to spend $1.5 million on capital expenditures, mine development costs, working capital and other start-up related activities. The company plans to start mining operations at the Rodeo property in the first quarter 2021. The company has projected its total expenditure in the next 12 months to amount $9.8 million.

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