Could Bacanora Minerals Ltd Crash Even More? The Stock Had Another Big Decline Today

 Could Bacanora Minerals Ltd Crash Even More? The Stock Had Another Big Decline Today

The stock of Bacanora Minerals Ltd (CVE:BCN) is a huge mover today! About 81,065 shares traded hands or 397.09% up from the average. Bacanora Minerals Ltd (CVE:BCN) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 6 months negative chart setup for the $159.47M company. It was reported on Oct, 19 by Barchart.com. We have $1.18 PT which if reached, will make CVE:BCN worth $19.14 million less.

More recent Bacanora Minerals Ltd (CVE:BCN) news were published by: Juniorminingnetwork.com which released: “Bacanora Minerals Announces Board Appointment” on October 18, 2016. Also Fool.Co.Uk published the news titled: “Why Bacanora Minerals Ltd & Creston plc Are Flying High Today” on June 09, 2015. Business.Financialpost.com‘s news article titled: “Blackrock jumps on the lithium bull, invests in Bacanora Minerals” with publication date: May 24, 2016 was also an interesting one.

Bacanora Minerals Ltd. is a developer and explorer of industrial minerals. The company has a market cap of $159.47 million. The Firm is engaged in exploration and development of mineral properties in Mexico. It currently has negative earnings. It is focused on its Sonora Lithium Project, and has a borates project located near the town of Magdalena de Kino, north of Hermosillo, Mexico.

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