The stock of Landore Resources Ltd. (LON:LND) is a huge mover today! The stock decreased 0.74% or GBX 0.02 on November 8, hitting GBX 3.35. About 159,878 shares traded hands. Landore Resources Ltd. (LON:LND) has risen 53.41% since April 7, 2016 and is uptrending. It has outperformed by 51.45% the S&P500.
The move comes after 9 months negative chart setup for the GBX 23.55 million company. It was reported on Nov, 8 by Barchart.com. We have GBX 2.88 PT which if reached, will make LON:LND worth GBX 3.30M less.
Landore Resources Limited is engaged in mineral exploration, including the identification, acquisition and development of mineral projects either alone or with joint venture partners. The company has a market cap of 23.55 million GBP. The Company, through its subsidiary, Landore Resources Canada Inc. , is engaged in mineral exploration in Eastern Canada. It currently has negative earnings. Landore owns or has the mineral rights to over six properties in Eastern Canada, of which Mount Fronsac and Root Lake are optioned to third parties.
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