The stock of GGX Gold Corp (CVE:GGX) hit a new 52-week low and has $0.23 target or 12.00% below today’s $0.26 share price. The 5 months bearish chart indicates high risk for the $3.35M company. The 1-year low was reported on Oct, 19 by Barchart.com. If the $0.23 price target is reached, the company will be worth $402,000 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 106,750 shares traded hands or 33.89% up from the average. GGX Gold Corp (CVE:GGX) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
More notable recent GGX Gold Corp (CVE:GGX) news were published by: Stockhouse.com which released: “Revolver Resources Inc. to Change Name to GGX Gold Corp.” on October 07, 2016, also Juniorminingnetwork.com with their article: “Stakeholder Gold Corp. Reports Issuance of Stock Options” published on January 19, 2015, Stockhouse.com published: “Golden Predator Discovers Coarse Visible Gold in New Vein at 3 Aces Project, Yukon” on August 15, 2016. More interesting news about GGX Gold Corp (CVE:GGX) were released by: Stockhouse.com and their article: “Sokoman Iron Corp. Commences Diamond Drilling at Startrek” published on August 22, 2016 as well as Stockhouse.com‘s news article titled: “92 Resources Corp. – Phase II Summer Work Program Update at Hidden Lake …” with publication date: August 30, 2016.
GGX Gold Corp, formerly Revolver Resources Inc, is a Canada exploration company. The company has a market cap of $3.35 million. The Firm is engaged in the discovery and development of mineral projects located in British Columbia, Canada. It currently has negative earnings. The Firm is engaged in the business of acquiring, exploring and evaluating natural resource properties.
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