Time to Buy Sandspring Resources Ltd. After Today’s Huge Increase?

 Time to Buy Sandspring Resources Ltd. After Today's Huge Increase?

The stock of Sandspring Resources Ltd. (CVE:SSP) is a huge mover today! About 387,790 shares traded hands or 47.63% up from the average. Sandspring Resources Ltd. (CVE:SSP) 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 positive chart setup for the $58.38 million company. It was reported on Oct, 19 by Barchart.com. We have $1.08 PT which if reached, will make CVE:SSP worth $56.04M more.

More notable recent Sandspring Resources Ltd. (CVE:SSP) news were published by: Marketwired.com which released: “Sandspring Resources Commences 2016 Exploration Campaign” on August 17, 2016, also Seekingalpha.com with their article: “A 10 Million Ounce Call Option On Gold” published on February 24, 2016, Marketwired.com published: “Sandspring Resources Receives $750000 from Exercised Warrants” on February 29, 2016. More interesting news about Sandspring Resources Ltd. (CVE:SSP) were released by: Marketwired.com and their article: “Sandspring Resources Closes C$6.5 Million Private Placement” published on May 06, 2016 as well as Juniorminingnetwork.com‘s news article titled: “Sandspring Resources Announces Share Purchases by Frank Giustra” with publication date: February 12, 2016.

Sandspring Resources Ltd. is a Canada resource exploration company. The company has a market cap of $58.38 million. The Firm focuses on the exploration for, and resource expansion of, gold and related minerals in Guyana, South America. It currently has negative earnings. The Firm operates in the development of its Toroparu Project for the production of gold, copper and silver in Guyana segment.

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