The stock of ALMADEX MINERALS LIMITED (CVE:AMZ) reached all time high today, Oct, 31 and still has $4.25 target or 159.00% above today’s $1.64 share price. This indicates more upside for the $68.12M company. This technical setup was reported by Barchart.com. If the $4.25 PT is reached, the company will be worth $108.31 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 161,563 shares traded hands or 77.28% up from the average. ALMADEX MINERALS LIMITED (CVE:AMZ) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
More notable recent ALMADEX MINERALS LIMITED (CVE:AMZ) news were published by: Marketwired.com which released: “Almadex Minerals Limited Grants Stock Options” on October 28, 2016, also Marketwired.com with their article: “Almadex Minerals Limited Sells Common Shares of Gold Mountain Mining Corp.” published on July 07, 2016, Juniorminingnetwork.com published: “Almadex Minerals Drills 218 Meters of 0.70 g/t Gold and 0.28% Copper at Norte …” on October 24, 2016. More interesting news about ALMADEX MINERALS LIMITED (CVE:AMZ) were released by: Marketwired.com and their article: “Almadex Reports Second Gold-Rich Porphyry Interval From Hole EC-16-010 at …” published on August 17, 2016 as well as Marketwired.com‘s news article titled: “Almadex Sells El Encuentro Project to McEwen Mining” with publication date: May 02, 2016.
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