Atac Resources Ltd.’s Stock Is Sell After Today’s Huge Decline


The stock of Atac Resources Ltd. (CVE:ATC) is a huge mover today! The stock decreased 11.67% or $0.07 on September 13, hitting $0.53. About 485,159 shares traded hands or 43.38% up from the average. Atac Resources Ltd. (CVE:ATC) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $72.11M company. It was reported on Sep, 13 by We have $0.46 PT which if reached, will make CVE:ATC worth $10.10M less.

ATAC Resources Ltd. is an exploration-stage company. The company has a market cap of $72.11 million. The Firm is engaged in the business of exploring for metals and minerals, primarily gold. It currently has negative earnings. The Firm is involved in the exploration and development of its Rackla Gold project, which is located in the Mayo Mining District of central Yukon.

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