The stock of Golden Reign Resources Ltd. (CVE:GRR) is a huge mover today! About 50,200 shares traded hands. Golden Reign Resources Ltd. (CVE:GRR) has risen 6.00% since September 28, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.
The move comes after 5 months positive chart setup for the $45.75 million company. It was reported on Oct, 28 by Barchart.com. We have $0.55 PT which if reached, will make CVE:GRR worth $41.63 million more.
More notable recent Golden Reign Resources Ltd. (CVE:GRR) news were published by: Seekingalpha.com which released: “Golden Reign Resources: An Undervalued Compounding Machine” on June 08, 2015, also Stockhouse.com with their article: “Golden Reign Trenching Extends Mineralization South of San Albino Gold Deposit …” published on October 19, 2016, Stockhouse.com published: “Golden Reign Intersects High Grade Gold Mineralization in Central Pit …” on October 17, 2016. More interesting news about Golden Reign Resources Ltd. (CVE:GRR) were released by: Marketwired.com and their article: “Marlin Gold Mining Ltd. Closes Streaming Transaction to Launch Sailfish …” published on July 10, 2014 as well as Marketwired.com‘s news article titled: “SouthGobi Resources Announces Formation of Strategic Advisory Board and …” with publication date: September 19, 2016.
Golden Reign Resources Ltd. is engaged in the acquisition and exploration of exploration and evaluation assets. The company has a market cap of $45.75 million. The Company’s primary exploration and evaluation asset is the San Albino-Murra Mining Concession, located in Nicaragua, which is in an advanced exploration stage. It currently has negative earnings. It focuses on acquiring, exploring and developing exploration and evaluation assets in Nicaragua.
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