Pershimco Resources Inc Increases Again; Strong Momentum for Buyers

 Pershimco Resources Inc Increases Again; Strong Momentum for Buyers

The stock of Pershimco Resources Inc (CVE:PRO) is a huge mover today! About 49,850 shares traded hands. Pershimco Resources Inc (CVE:PRO) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 8 months positive chart setup for the $82.74 million company. It was reported on Nov, 8 by Barchart.com. We have $0.63 PT which if reached, will make CVE:PRO worth $105.91M more.

More important recent Pershimco Resources Inc (CVE:PRO) news were published by: Marketwired.com which released: “Orla Mining and Pershimco Resources Announce Merger” on September 14, 2016, also Seekingalpha.com published article titled: “Pershimco Resources Is Undervalued And Just Secured An Investment From Agnico …”, Marketwired.com published: “Panamanian Government Exonerates Pershimco of Taxes – Further Enhances Cerro …” on March 22, 2016. More interesting news about Pershimco Resources Inc (CVE:PRO) was released by: Marketwired.com and their article: “Orla Mining Announces Completion of Book Build for C$50 Million Private Placement” with publication date: September 28, 2016.

Pershimco Resources Inc. is a junior mineral exploration company. The company has a market cap of $82.74 million. The Company’s properties include Cerro Quema Project , Courville property, Cusi and Magistral property. It currently has negative earnings. The Company’s Cerro Quema Project is located on the Azuero Peninsula in the Los Santos Province of Southwestern Panama, approximately 45 kilometers (km) southwest of the city of Chitre and over 190 km southwest of Panama City by air.

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