Does MX Gold Corp Have Any Gas After Today’s Huge Decline?


The stock of MX Gold Corp (CVE:MXL) is a huge mover today! The stock decreased 4.84% or $0.015 on September 13, hitting $0.295. About 929,341 shares traded hands. MX Gold Corp (CVE:MXL) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months negative chart setup for the $43.44M company. It was reported on Sep, 13 by We have $0.26 PT which if reached, will make CVE:MXL worth $4.78M less.

MX Gold Corp, formerly Discovery Ventures Inc, is a gold, copper and silver mining company. The company has a market cap of $43.44 million. The Firm is focused on the exploration and development of its WillaMAX project, which is located in the Kootenay region of British Columbia. It currently has negative earnings. It holds an approximately 100% interest in over four mineral properties in British Columbia, and is active in the development of its Willa Property.

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