The stock of Churchill Mining Plc (LON:CHL) is a huge mover today! The stock increased 2.44% or GBX 0.75 on November 4, hitting GBX 31.5. About 518,773 shares traded hands or 3.25% up from the average. Churchill Mining Plc (LON:CHL) has risen 117.39% since April 7, 2016 and is uptrending. It has outperformed by 116.30% the S&P500.
The move comes after 6 months positive chart setup for the GBX 46.02 million company. It was reported on Nov, 4 by Barchart.com. We have GBX 81.59 PT which if reached, will make LON:CHL worth GBX 73.17 million more.
More notable recent Churchill Mining Plc (LON:CHL) news were published by: Uk.Finance.Yahoo.com which released: “Churchill Mining Plc (CHL.L)” on March 16, 2014, also Fool.Co.Uk with their article: “What’s Next For Churchill Mining Plc?” published on August 14, 2015, Fool.Co.Uk published: “Why Shares In Churchill Mining Plc Soared By A Third Today” on June 08, 2015. More interesting news about Churchill Mining Plc (LON:CHL) were released by: Fool.Co.Uk and their article: “Are AIM Darlings Churchill Mining Plc, Tern PLC And San Leon Energy Plc Worth …” published on April 21, 2016 as well as Fool.Co.Uk‘s news article titled: “Are Castleton Technology PLC & Churchill Mining Plc More Likely To Double In …” with publication date: September 30, 2015.
Churchill Mining Plc is a United Kingdom company, which focuses on thermal coal deposit (the East Kutai Coal Project (EKCP)) in the East Kutai Regency of Kalimantan Indonesia. The company has a market cap of 46.02 million GBP. The Firm operates through Indonesia Administration Office and Australian corporate office divisions. It currently has negative earnings. The Company’s EKCP thermal coal deposit comprises a Joint Ore Reserves Committee (JORC) resource of approximately 2.73 billion tons (comprising measured resource of approximately 693.3 metric tons, an indicated resource of approximately 825.1 metric tons and an inferred resource of approximately 1,211.8 metric tons).
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