Could China Gold International Resrcs Corp Ltd Lose Strenght? The Stock Increases A Lot Today

 Could China Gold International Resrcs Corp Ltd Lose Strenght? The Stock Increases A Lot Today

The stock of China Gold International Resrcs Corp Ltd (TSE:CGG) is a huge mover today! About 61,662 shares traded hands. China Gold International Resrcs Corp Ltd (TSE:CGG) has risen 33.04% since March 10, 2016 and is uptrending. It has outperformed by 27.42% the S&P500.
The move comes after 8 months positive chart setup for the $1.12B company. It was reported on Oct, 17 by Barchart.com. We have $4.62 PT which if reached, will make TSE:CGG worth $593.60 million more.

More notable recent China Gold International Resrcs Corp Ltd (TSE:CGG) news were published by: Marketwired.com which released: “China Gold International Resources Received a Reaffirmed Long-Term Corporate …” on September 14, 2016, also Juniorminingnetwork.com with their article: “China Gold International Resources Announces New Vice President Appointment” published on September 22, 2016, Marketwired.com published: “China Gold International Announces Loan Facility Agreement” on November 03, 2015. More interesting news about China Gold International Resrcs Corp Ltd (TSE:CGG) were released by: Reuters.com and their article: “BRIEF-China gold international resources names new vice president” published on September 22, 2016 as well as Prnewswire.com‘s news article titled: “China Gold International Announces Completion and Positive Results of Jiama’s …” with publication date: January 15, 2014.

China Gold International Resources Corp. The company has a market cap of $1.12 billion. Ltd. is principally engaged in the acquisition, exploration, development and mining of mineral reserves in China. It currently has negative earnings. The Firm operates its business through two divisions.

CGG Company Profile

CGG SA (CGG), incorporated on March 30, 1984, is a maker of geophysical equipment. The Firm is a well-known provider of marine, land and airborne data acquisition services. The Firm is a well-known provider of a range of other geoscience services, including data imaging, seismic data characterization, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data. The Company’s clients include independent, international and national oil companies. The Company’s business lines include Equipment, Marine Acquisition, Land Acquisition, Multi-Physics, Multi-Client and New Ventures, Subsurface Imaging, GeoSoftware and GeoConsulting. The Firm operates through four divisions: Contractual Data Acquisition; Geology, Geophysics & Reservoir (GGR); Equipment, and Non-Operated Resources. The Contractual Data Acquisition includes marine, and land and multi-physics. The GGR segment includes the Multi-client business line (development and management of seismic surveys that it undertakes and licenses to a range of clients on a non-exclusive basis) and the Subsurface Imaging and Reservoir business lines (processing and imaging of geophysical data, reservoir characterization, geophysical consulting and software services, geological data library and data management solutions). The Equipment segment consists of its manufacturing and sales activities for seismic equipment used for data acquisition, both on land and marine. The Non-Operated Resources segment consists of the costs of the non-operated marine resources, as well as all the costs of its Transformation Plan.

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