Is Buying Bacanora Minerals Ltd Here a Winning Strategy?

 Is Buying Bacanora Minerals Ltd Here a Winning Strategy?

The stock of Bacanora Minerals Ltd (CVE:BCN) is a huge mover today! About 10,130 shares traded hands. Bacanora Minerals Ltd (CVE:BCN) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 7 months positive chart setup for the $139.61 million company. It was reported on Nov, 4 by Barchart.com. We have $1.80 PT which if reached, will make CVE:BCN worth $60.03 million more.

More notable recent Bacanora Minerals Ltd (CVE:BCN) news were published by: Marketwired.com which released: “Igneous Capital Limited Sale of Shares of Bacanora Minerals Ltd.” on September 20, 2016, also Juniorminingnetwork.com with their article: “Bacanora Minerals Announces Board Appointment” published on October 28, 2016, Fool.Co.Uk published: “Why Bacanora Minerals Ltd & Creston plc Are Flying High Today” on June 09, 2015. More interesting news about Bacanora Minerals Ltd (CVE:BCN) were released by: Uk.Finance.Yahoo.com and their article: “Bacanora Minerals Ltd. (BCN.L)” published on July 26, 2014 as well as Business.Financialpost.com‘s news article titled: “Blackrock jumps on the lithium bull, invests in Bacanora Minerals” with publication date: May 24, 2016.

Bacanora Minerals Ltd. is a developer and explorer of industrial minerals. The company has a market cap of $139.61 million. The Firm is engaged in exploration and development of mineral properties in Mexico. It currently has negative earnings. It is focused on its Sonora Lithium Project, and has a borates project located near the town of Magdalena de Kino, north of Hermosillo, Mexico.

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