Is Selling Kibo Mining PLC Here a Winning Strategy?

 Is Selling Kibo Mining PLC Here a Winning Strategy?

The stock of Kibo Mining PLC (LON:KIBO) is a huge mover today! The stock increased 10.39% or GBX 0.71 on November 8, hitting GBX 7.59. About 1.57 million shares traded hands or 9.03% up from the average. Kibo Mining PLC (LON:KIBO) has risen 96.43% since April 8, 2016 and is uptrending. It has outperformed by 94.47% the S&P500.
The move comes after 6 months negative chart setup for the GBX 26.99M company. It was reported on Nov, 8 by Barchart.com. We have GBX 6.83 PT which if reached, will make LON:KIBO worth GBX 2.70M less.

Another recent and important Kibo Mining PLC (LON:KIBO) news was published by Uk.Finance.Yahoo.com which published an article titled: “Kibo Mining Plc (KIBO.L)” on March 29, 2014.

Kibo Mining Plc is engaged in the exploration for and development of coal and other minerals in Tanzania. The company has a market cap of 26.99 million GBP. The Firm operates through two divisions: mining and corporate. It currently has negative earnings. The mining segment operates in Tanzania.

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