Could Eloro Resources Ltd See a Reversal After This Very Strong Session?


The stock of Eloro Resources Ltd (CVE:ELO) is a huge mover today! About 68,000 shares traded hands or 183.94% up from the average. Eloro Resources Ltd (CVE:ELO) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months positive chart setup for the $9.92M company. It was reported on Sep, 13 by We have $1.11 PT which if reached, will make CVE:ELO worth $12.00M more.

Eloro Resources Ltd. is an exploration-stage gold exploration and development company. The company has a market cap of $9.92 million. The Firm is engaged in the exploration and development of gold and base metal properties. It currently has negative earnings. The Firm operates through the segment of mineral exploration in Peru.

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