What’s GPM Metals Inc Upside After Today’s Huge Increase?

 What's GPM Metals Inc Upside After Today's Huge Increase?

The stock of GPM Metals Inc (CVE:GPM) is a huge mover today! About 69,000 shares traded hands. GPM Metals Inc (CVE:GPM) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 7 months positive chart setup for the $24.31M company. It was reported on Oct, 17 by Barchart.com. We have $0.54 PT which if reached, will make CVE:GPM worth $21.88M more.

More notable recent GPM Metals Inc (CVE:GPM) news were published by: Finance.Yahoo.com which released: “GPM Metals Inc. Announces Record Date for Distribution of Sandy Lake Shares” on September 01, 2016, also Marketwatch.com with their article: “GPM Metals Announces the Discovery of Significant Zinc Anomalies at the Pasco …” published on April 13, 2016, Finance.Yahoo.com published: “GPM Metals Announces Commencement of Drill Program at Walker Gossan Project …” on August 10, 2016. More interesting news about GPM Metals Inc (CVE:GPM) were released by: Marketwired.com and their article: “GPM Metals Inc. Announces Distribution of Sandy Lake Shares” published on September 16, 2016 as well as Marketwired.com‘s news article titled: “GPM Metals Inc. Responds to Goldeye Explorations Limited’s Notice to Demand …” with publication date: October 14, 2016.

GPM Metals Inc. is an exploration and development company. The company has a market cap of $24.31 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.

GPM Company Profile

Old Mutual/Claymore Long-Short Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income and current gains. The Fund’s secondary investment objective is to provide long-term capital appreciation. The Fund invests in a portfolio of equity securities and by selling securities short in the S&P 500 Index that it believes will under perform relative to the average stock in the S&P 500. The Fund will also write (sell) call options on equity indexes and, to a lesser extent, on individual securities held in the Fund’s portfolio.

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