The stock of Bacanora Minerals Ltd (CVE:BCN) is a huge mover today! About 31,205 shares traded hands or 68.48% up from the average. Bacanora Minerals Ltd (CVE:BCN) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months negative chart setup for the $134.07 million company. It was reported on Nov, 8 by Barchart.com. We have $1.04 PT which if reached, will make CVE:BCN worth $18.77 million less.
More important 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 Fool.Co.Uk published article titled: “Why Bacanora Minerals Ltd & Creston plc Are Flying High Today”, Uk.Finance.Yahoo.com published: “Bacanora Minerals Ltd. (BCN.L)” on July 26, 2014. More interesting news about Bacanora Minerals Ltd (CVE:BCN) was released by: Business.Financialpost.com and their article: “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 $134.07 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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