What’s Next for Colorado Resources Ltd After Today’s Huge Increase?

 What's Next for Colorado Resources Ltd After Today's Huge Increase?

The stock of Colorado Resources Ltd (CVE:CXO) is a huge mover today! About 280,650 shares traded hands. Colorado Resources Ltd (CVE:CXO) 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 $19.55M company. It was reported on Oct, 19 by Barchart.com. We have $0.54 PT which if reached, will make CVE:CXO worth $21.70 million more.

More notable recent Colorado Resources Ltd (CVE:CXO) news were published by: Midasletter.com which released: “S&P/TSX Venture Composite Index Rise Led By NYX Gaming Group Ltd, Colorado …” on May 30, 2016, also Marketwired.com with their article: “Colorado Resources Reports Assay Results of First 8 of 37 Drillholes Completed …” published on July 19, 2016, Marketwired.com published: “Colorado Resources Doubles Land Position in BC’s Golden Triangle” on April 21, 2016. More interesting news about Colorado Resources Ltd (CVE:CXO) were released by: Business.Financialpost.com and their article: “Podcast: Colorado Resources CEO Adam Travis on gold discovery in the Golden …” published on August 02, 2016 as well as Juniorminingnetwork.com‘s news article titled: “Colorado Resources Drills 64 Metres of 2.63 g/t Au at KSP Property” with publication date: October 05, 2016.

Colorado Resources Ltd. is an exploration-stage firm engaged in the acquisition, exploration and development of mineral properties. The company has a market cap of $19.55 million. The Company’s properties include North ROK property, Hit property, Heart Peaks property and KSP Property. It currently has negative earnings. The North ROK property has approximately 10 mineral tenures that covers over 5,190 hectares.

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