Could Rye Patch Gold Corp. Change Direction After Today’s Huge Increase?

 Could Rye Patch Gold Corp. Change Direction After Today's Huge Increase?

The stock of Rye Patch Gold Corp. (CVE:RPM) is a huge mover today! About 2.06M shares traded hands or 225.61% up from the average. Rye Patch Gold Corp. (CVE:RPM) has risen 6.00% since September 18, 2016 and is uptrending. It has outperformed by 0.52% the S&P500.
The move comes after 8 months positive chart setup for the $116.45M company. It was reported on Oct, 18 by Barchart.com. We have $0.56 PT which if reached, will make CVE:RPM worth $104.81 million more.

More notable recent Rye Patch Gold Corp. (CVE:RPM) news were published by: Juniorminingnetwork.com which released: “Rye Patch Gold Wins Reclamation Award at Florida Canyon Mine” on September 13, 2016, also Seekingalpha.com with their article: “Rye Patch Gold: Dilutive Financing Limits Upside, Buy West Kirkland Mining For …” published on July 05, 2016, Seekingalpha.com published: “Rye Patch Gold Still Looks Good” on May 29, 2015. More interesting news about Rye Patch Gold Corp. (CVE:RPM) were released by: Seekingalpha.com and their article: “My Conversation With Rye Patch Gold’s Bill Howald” published on December 06, 2014 as well as Juniorminingnetwork.com‘s news article titled: “Rye Patch Gold Provides Update on Florida Canyon Mine Re-start” with publication date: September 27, 2016.

Rye Patch Gold Corp. is an exploration-stage firm engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States through its subsidiary, Rye Patch Gold US Inc. The company has a market cap of $116.45 million. The Company’s activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend. It has a 37.72 P/E ratio. The Oreana Trend includes Lincoln Hill Resource project and Wilco Resource project.

RPM Company Profile

RPM International Inc., incorporated on July 29, 2002, through its subsidiaries, makes, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Firm operates through three divisions: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment). The Company’s family of products includes those marketed under brand names, such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser. As of May 31, 2016, its subsidiaries marketed products in approximately 164 countries and territories, and operated manufacturing facilities in approximately 120 locations in the United States, Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, France, Germany, India, Italy, Malaysia, Mexico, The Netherlands, New Zealand, Norway, Poland, Saudi Arabia, South Africa, Spain, Sweden, Turkey, the United Arab Emirates and the United Kingdom.

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