Could Amur Minerals Corporation Change Direction After Today’s Huge Increase?

 Could Amur Minerals Corporation Change Direction After Today's Huge Increase?

The stock of Amur Minerals Corporation (LON:AMC) is a huge mover today! The stock increased 1.35% or GBX 0.05 on November 4, hitting GBX 3.75. About 2.88M shares traded hands. Amur Minerals Corporation (LON:AMC) has declined 24.77% since April 6, 2016 and is downtrending. It has underperformed by 25.86% the S&P500.
The move comes after 7 months positive chart setup for the GBX 22.86 million company. It was reported on Nov, 4 by Barchart.com. We have GBX 7.54 PT which if reached, will make LON:AMC worth GBX 23.09 million more.

Amur Minerals Corporation (LON:AMC) Ratings Coverage

Out of 2 analysts covering Amur Minerals Corporation (LON:AMC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Amur Minerals Corporation has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Beaufort Securities maintained the shares of AMC in a report on Monday, March 7 with “Hold” rating. On Wednesday, September 16 the stock rating was maintained by SP Angel with “Hold”. SP Angel maintained the stock with “Hold” rating in Wednesday, September 2 report. The company was maintained on Monday, August 10 by SP Angel. The stock of Amur Minerals Corporation (LON:AMC) has “Hold” rating given on Tuesday, September 29 by SP Angel. The firm has “Hold” rating by SP Angel given on Wednesday, September 9.

More news for Amur Minerals Corporation (LON:AMC) were recently published by: Uk.Finance.Yahoo.com, which released: “Amur Minerals Corporation (AMC.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “Should You Buy Amur Minerals Corporation After Its Recent Crash?” and published on July 06, 2015 is yet another important article.

Amur Minerals Corporation is a natural resources exploration and development company. The company has a market cap of 22.86 million GBP. The Firm and its subsidiaries locate, evaluate, acquire, explore and develop mineral properties and projects in the Russian Far East. It currently has negative earnings. The Company’s principal asset is the Kun-Manie sulfide nickel, copper project located in Amur Oblast, with JORC resources in excess of 830,000 nickel equivalent tons.

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