The stock of Giyani Gold Corp (CVE:WDG) reached all time high today, Nov, 3 and still has $0.72 target or 39.00% above today’s $0.52 share price. This indicates more upside for the $35.19M company. This technical setup was reported by Barchart.com. If the $0.72 PT is reached, the company will be worth $13.72 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 213,375 shares traded hands or 40.12% up from the average. Giyani Gold Corp (CVE:WDG) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
More recent Giyani Gold Corp (CVE:WDG) news were published by: Marketwatch.com which released: “Giyani Gold Corp. Secures a CAD$25 Million Equity Investment Agreement from …” on June 11, 2014. Also Marketwired.com published the news titled: “Giyani Gold Retains BlackX Management for European Investor Relations” on September 30, 2016. Marketwired.com‘s news article titled: “Giyani Gold Announces Private Placement and Options Grant” with publication date: June 24, 2016 was also an interesting one.
Giyani Gold Corp. is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in South Africa and Canada. The company has a market cap of $35.19 million. The Company’s divisions include Canoe, South Africa Mining and Corporate. It currently has negative earnings. The Company’s projects include Hamlin-Deaty Creek Property, Coldstream Property and Kerrs Property.
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