What’s Gold Standard Ventures Corp Downside After Today’s Huge Decline?


The stock of Gold Standard Ventures Corp (CVE:GSV) is a huge mover today! The stock decreased 4.63% or $0.15 on September 13, hitting $3.09. About 172,531 shares traded hands. Gold Standard Ventures Corp (CVE:GSV) 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 $638.09 million company. It was reported on Sep, 13 by Barchart.com. We have $2.81 PT which if reached, will make CVE:GSV worth $57.43 million less.

Gold Standard Ventures Corp. is focused on the acquisition and exploration of district-scale and other gold-bearing mineral resource properties completely in the State of Nevada, the United States. The company has a market cap of $638.09 million. The Firm operates through the acquisition and exploration of exploration and evaluation assets segment. It currently has negative earnings. The Company’s Railroad-Pinion Project is an early to intermediate stage gold exploration project situated at the southeast end of the Carlin Trend of north-central Nevada.

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