This thing just continues to get massacred today even though gold has bounced. AUQ management should strongly consider buying out all existing shareholders and simply go private. Either that or one of the larger miners should come in and scoop them up on the cheap.
If you look at the number of times in the past six months where AUQ jumped 6% on no news while gold languished, you wouldn't say that. AUQ has significantly outperformed the miners average and there's about 30-40% of outperformance left (which puts us in the 2.75-3.25 range)
This name is heavily shorted and those jumps were more than likely short term covering. Just because this may have outperformed some miners that doesn't mean it has to go down as much as they may have. Some miners are in a much better position than others.