The stock of Sterling Resources Ltd (CVE:SLG) is a huge mover today! About 598,279 shares traded hands or 928.47% up from the average. Sterling Resources Ltd (CVE:SLG) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 8 months negative chart setup for the $79.56 million company. It was reported on Nov, 3 by Barchart.com. We have $0.50 PT which if reached, will make CVE:SLG worth $7.96 million less.
More news for Sterling Resources Ltd (CVE:SLG) were recently published by: Reuters.com, which released: “Oil trader Vitol drops plans to buy Sterling Resources” on May 13, 2013. Businesswire.com‘s article titled: “CIRI Announces Brian Ector as New Board Chair and Elects New Directors” and published on June 14, 2016 is yet another important article.
Sterling Resources Ltd. is a Canada energy firm engaged in the acquisition of petroleum and natural gas rights, and the exploration for, and the development and production of, natural gas and crude oil. The company has a market cap of $79.56 million. The Company’s geographical divisions include Canada, United Kingdom and Other International. It currently has negative earnings. The United Kingdom and other international locations are involved in exploration and development operations.
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