Great Quest Fertilizer Ltd Can’t Burn Your Portfolio. Has Another Gap Up

 Great Quest Fertilizer Ltd Can't Burn Your Portfolio. Has Another Gap Up

The stock of Great Quest Fertilizer Ltd (CVE:GQ) gapped up by $0.005 today and has $0.54 target or 79.00% above today’s $0.30 share price. The 5 months technical chart setup indicates low risk for the $15.04 million company. The gap was reported on Oct, 28 by If the $0.54 price target is reached, the company will be worth $11.88M more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 60,000 shares traded hands or 53.26% up from the average. Great Quest Fertilizer Ltd (CVE:GQ) has risen 6.00% since September 28, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.

More notable recent Great Quest Fertilizer Ltd (CVE:GQ) news were published by: which released: “Great Quest Announces Aderfoul Permit Renewal” on October 25, 2016, also with their article: “Great Quest Metal Ltd. Changes Its Name to “Great Quest Fertilizer Ltd.”” published on June 03, 2014, published: “Work With Northern Community Leaders Furthers Project Development” on July 06, 2016. More interesting news about Great Quest Fertilizer Ltd (CVE:GQ) were released by: and their article: “Four ways to fix the ‘broken’ TSX Venture Exchange” published on December 29, 2015 as well as‘s news article titled: “5 Top TSXV Stocks: Clifton Star Rockets on First Mining Finance Deal” with publication date: February 15, 2016.

Great Quest Fertilizer Ltd., formerly Great Quest Metals Ltd., is a resource development company. The company has a market cap of $15.04 million. The Company’s principal activities include the acquisition, exploration and development of agriculturally related minerals for regional markets. It currently has negative earnings. The Company’s activities consist of the exploration and development of mineral concessions in Mali and Canada.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment