The stock of Astorius Resources Ltd. (CVE:ASQ) reached all time high today, Sep, 13 and still has $0.63 target or 111.00% above today’s $0.30 share price. This indicates more upside for the $6.99 million company. This technical setup was reported by Barchart.com. If the $0.63 PT is reached, the company will be worth $7.76M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 170,000 shares traded hands or 128.49% up from the average. Astorius Resources Ltd. (CVE:ASQ) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
Astorius Resources Ltd. is a Canada exploration-stage resource company. The company has a market cap of $6.99 million. The Company’s principal business activity is the sourcing and exploration of mineral properties in North America, and is engaged in the process of evaluating its mineral properties. It currently has negative earnings. The Firm operates in the segment of acquisition, exploration and development of mineral properties.
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