Does IronRidge Resources Ltd Have Any Gas After Today’s Huge Increase?

 Does IronRidge Resources Ltd Have Any Gas After Today's Huge Increase?

The stock of IronRidge Resources Ltd (LON:IRR) is a huge mover today! The stock increased 6.67% or GBX 1.02 on November 4, hitting GBX 16.4. About 5.61M shares traded hands or 367.50% up from the average. IronRidge Resources Ltd (LON:IRR) has risen 285.29% since April 7, 2016 and is uptrending. It has outperformed by 284.20% the S&P500.
The move comes after 7 months positive chart setup for the GBX 38.12 million company. It was reported on Nov, 4 by Barchart.com. We have GBX 31.32 PT which if reached, will make LON:IRR worth GBX 34.69 million more.

IronRidge Resources Limited is an exploration and development-stage company. The company has a market cap of 38.12 million GBP. The Firm is engaged in exploration for base and precious metals. It currently has negative earnings. It has exploration tenements in Gabon, West Africa, and Queensland, Australia.

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