What Next for Canasil Resources Inc. Stock After Today’s Huge Increase?

 What Next for Canasil Resources Inc. Stock After Today's Huge Increase?

The stock of Canasil Resources Inc. (CVE:CLZ) is a huge mover today! About 639,250 shares traded hands or 78.67% up from the average. Canasil Resources Inc. (CVE:CLZ) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 8 months positive chart setup for the $23.95 million company. It was reported on Nov, 4 by Barchart.com. We have $0.74 PT which if reached, will make CVE:CLZ worth $45.98M more.

More notable recent Canasil Resources Inc. (CVE:CLZ) news were published by: Investingnews.com which released: “5 Top TSXV Stocks: Canasil Resources Up 227 Percent on Silver Discovery” on February 01, 2016, also Investingnews.com with their article: “Canasil Reports Silver Findings at the Sandra-Escobar Project” published on October 19, 2016, Marketwired.com published: “Canasil Appoints Iain MacPhail as Director” on January 08, 2014. More interesting news about Canasil Resources Inc. (CVE:CLZ) were released by: Investingnews.com and their article: “Orex Intercepts Silver on the Sandra Escobar Project in Mexico” published on September 28, 2016 as well as Stockhouse.com‘s news article titled: “Canasil Resources, Major Discovery with First Drill Hole, CEO Clip Video” with publication date: September 29, 2016.

Canasil Resources Inc. is engaged in the exploration and development of mineral properties with prospects for gold, silver, copper, zinc and lead in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The company has a market cap of $23.95 million. The Firm operates in mining exploration industry segment. It currently has negative earnings. The Company’s Mexico properties include the Sandra-Escobar, La Esperanza and Salamandra project.

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