Algold Resources Ltd Just Recorded A Sigfniciant Decline

 Algold Resources Ltd Just Recorded A Sigfniciant Decline

The stock of Algold Resources Ltd (CVE:ALG) is a huge mover today! About 97,000 shares traded hands. Algold Resources Ltd (CVE:ALG) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months negative chart setup for the $35.03 million company. It was reported on Nov, 7 by Barchart.com. We have $0.29 PT which if reached, will make CVE:ALG worth $3.50M less.

More notable recent Algold Resources Ltd (CVE:ALG) news were published by: Investingnews.com which released: “Algold Resources Ltd.” on January 21, 2016, also Juniorminingnetwork.com with their article: “Algold Resources Intersects 28 g/t Au Over 2 Meters at Tijirit’s Eleonore Zone” published on October 05, 2016, Prnewswire.com published: “Algold: Results Further Extend Gold Mineralization to 3.4 Kilometer Strike at …” on November 02, 2016. More interesting news about Algold Resources Ltd (CVE:ALG) were released by: Prnewswire.com and their article: “Algold Grants Annual Compensation Stock Options to Directors and Officers” published on July 07, 2016 as well as Investingnews.com‘s news article titled: “Algold Confirms High Grade Gold Values on Legouessi LC Prospect in Mauritania” with publication date: February 23, 2016.

Algold Resources Ltd., formerly Kanosak Capital Venture Corporation, is a junior mineral exploration company. The company has a market cap of $35.03 million. The Firm is focused on the exploration and development of gold deposits in West Africa. It currently has negative earnings. The Company’s properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt.

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