Could Golden Valley Mines Ltd. Recover After Today’s Huge Decline?


The stock of Golden Valley Mines Ltd. (CVE:GZZ) is a huge mover today! The stock decreased 3.03% or $0.01 on September 13, hitting $0.32. About 58,226 shares traded hands. Golden Valley Mines Ltd. (CVE:GZZ) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $36.51 million company. It was reported on Sep, 14 by We have $0.29 PT which if reached, will make CVE:GZZ worth $3.65 million less.

Golden Valley Mines Ltd. is engaged in the exploration and evaluation of minerals in Canada. The company has a market cap of $36.51 million. The Firm operates in a segment, being the sector of exploration and evaluation of mineral resources. It currently has negative earnings. The Firm holds over 90 exploration and evaluation properties located in the Abitibi Greenstone Belt; the James Bay, Mistassini and Otish regions of northern Quebec; the Nunavik region of northern Quebec; the Athabasca Basin of Saskatchewan, and James Bay Lowlands of Ontario.

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