Is Selling China Gold International Resrcs Corp Ltd Here a Winning Strategy?


The stock of China Gold International Resrcs Corp Ltd (TSE:CGG) is a huge mover today! The stock decreased 4.42% or $0.13 on September 13, hitting $2.81. About 642,131 shares traded hands or 80.39% up from the average. China Gold International Resrcs Corp Ltd (TSE:CGG) has risen 45.54% since February 5, 2016 and is uptrending. It has outperformed by 29.06% the S&P500.
The move comes after 7 months negative chart setup for the $1.10B company. It was reported on Sep, 14 by We have $2.64 PT which if reached, will make TSE:CGG worth $66.00 million less.

China Gold International Resources Corp. The company has a market cap of $1.10 billion. Ltd. is a gold and base metal mining company. It currently has negative earnings. The Company’s main business involves the acquisition, development and exploration of gold and base metal mineral properties.

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