What’s Ahead for Red Eagle Mining Corp After Today’s Huge Decline?

 What's Ahead for Red Eagle Mining Corp After Today's Huge Decline?

The stock of Red Eagle Mining Corp (CVE:RD) is a huge mover today! The stock decreased 1.00% or $0.01 on October 31, hitting $0.99. About 524,100 shares traded hands or 39.09% up from the average. Red Eagle Mining Corp (CVE:RD) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 9 months negative chart setup for the $238.26 million company. It was reported on Oct, 31 by Barchart.com. We have $0.89 PT which if reached, will make CVE:RD worth $23.83 million less.

More notable recent Red Eagle Mining Corp (CVE:RD) news were published by: Seekingalpha.com which released: “Red Eagle Mining: A Speculative Buy” on July 23, 2016, also Business.Financialpost.com with their article: “Podcast: Red Eagle Mining CEO Ian Slater on starting gold production at San …” published on August 09, 2016, Midasletter.com published: “Red Eagle Mining CEO Ian Slater on Winning CB Gold, Batero Gold Battle” on October 08, 2015. More interesting news about Red Eagle Mining Corp (CVE:RD) were released by: Prnewswire.com and their article: “Red Eagle Mining acquires CB Gold” published on September 15, 2015 as well as Prnewswire.com‘s news article titled: “Red Eagle Mining – Vetas Gold Project Highlights” with publication date: December 03, 2015.

Red Eagle Mining Corporation is a development-stage company. The company has a market cap of $238.26 million. The Firm operates through the exploration and development of mineral properties segment. It currently has negative earnings. The Firm is engaged in exploration, mine development and the mining and production of gold.

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