Could Golden Reign Resources Ltd. Gain Strenght? The Stock Reaches 52-Week Low

 Could Golden Reign Resources Ltd. Gain Strenght? The Stock Reaches 52 Week Low

The stock of Golden Reign Resources Ltd. (CVE:GRR) is a huge mover today! About 79,500 shares traded hands. Golden Reign Resources Ltd. (CVE:GRR) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 6 months negative chart setup for the $46.55 million company. It was reported on Nov, 4 by Barchart.com. We have $0.26 PT which if reached, will make CVE:GRR worth $5.12 million less.

More important recent Golden Reign Resources Ltd. (CVE:GRR) news were published by: Seekingalpha.com which released: “Golden Reign Resources: An Undervalued Compounding Machine” on June 08, 2015, also Stockhouse.com published article titled: “Golden Reign Trenching Extends Mineralization South of San Albino Gold Deposit …”, Stockhouse.com published: “Golden Reign Intersects High Grade Gold Mineralization in Central Pit …” on October 17, 2016. More interesting news about Golden Reign Resources Ltd. (CVE:GRR) was released by: Marketwired.com and their article: “Marlin Gold Mining Ltd. Closes Streaming Transaction to Launch Sailfish …” with publication date: July 10, 2014.

Golden Reign Resources Ltd. is engaged in the acquisition and exploration of exploration and evaluation assets. The company has a market cap of $46.55 million. The Company’s primary exploration and evaluation asset is the San Albino-Murra Mining Concession, located in Nicaragua, which is in an advanced exploration stage. It currently has negative earnings. It focuses on acquiring, exploring and developing exploration and evaluation assets in Nicaragua.

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