What’s Propelling GPM Metals Inc to Decline So Much?


The stock of GPM Metals Inc (CVE:GPM) is a huge mover today! The stock decreased 11.76% or $0.04 on September 13, hitting $0.3. About 598,232 shares traded hands or 509.68% up from the average. GPM Metals Inc (CVE:GPM) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months negative chart setup for the $18.46M company. It was reported on Sep, 13 by Barchart.com. We have $0.26 PT which if reached, will make CVE:GPM worth $2.40M less.

GPM Metals Inc. is an exploration and development company. The company has a market cap of $18.46 million. The Firm focuses on acquiring and exploring district scale exploration properties. It currently has negative earnings. The Firm operates through four geographical divisions: Guyana, Canada, Australia and Peru.

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