Does Renaissance Gold Inc Have Any Gas After Today’s Huge Decline?

 Does Renaissance Gold Inc Have Any Gas After Today's Huge Decline?

The stock of Renaissance Gold Inc (CVE:REN) is a huge mover today! About 57,100 shares traded hands or 45.80% up from the average. Renaissance Gold Inc (CVE:REN) has risen 6.00% since September 28, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.
The move comes after 7 months negative chart setup for the $13.42M company. It was reported on Oct, 28 by We have $0.37 PT which if reached, will make CVE:REN worth $1.61M less.

Renaissance Gold Inc. is a Canada-based gold/silver exploration company. The company has a market cap of $13.42 million. The Firm is engaged in the acquisition and exploration of mineral properties located in Nevada and Utah. It currently has negative earnings. It acquires mineral properties through staking and from third party vendors, some of which are subject to a net smelter return royalty.

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