What’s in Komet Resources Inc After Today’s Huge Increase?

 What's in Komet Resources Inc After Today's Huge Increase?

The stock of Komet Resources Inc (CVE:KMT) is a huge mover today! About 51,000 shares traded hands or 17.93% up from the average. Komet Resources Inc (CVE:KMT) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 9 months positive chart setup for the $30.73 million company. It was reported on Nov, 8 by Barchart.com. We have $1.42 PT which if reached, will make CVE:KMT worth $53.16M more.

More notable recent Komet Resources Inc (CVE:KMT) news were published by: Investingnews.com which released: “Komet Resources” on May 19, 2016, also Marketwired.com with their article: “Komet: Significant Increase in Gross Sales of Gold and Issuance of a Research …” published on August 12, 2016, Uk.Finance.Yahoo.com published: “Komet Signs Market Making Agreement With Questrade, Inc.” on July 22, 2016. More interesting news about Komet Resources Inc (CVE:KMT) were released by: Zacks.com and their article: “Lincoln Electric Buys Vizient to Drive Automation Growth” published on May 17, 2016 as well as Zacks.com‘s news article titled: “Why Kennametal (KMT) Stock Might be a Great Pick” with publication date: June 01, 2016.

Komet Resources Inc. is a gold mining company, which is focused on exploration and production at its projects in Burkina Faso, West Africa. The company has a market cap of $30.73 million. The Company’s properties include GUIRO – BURKINA FASO and the Moussala exploration permit. It currently has negative earnings. The Moussala exploration permit is located in the Kenieba gold mining camp in the Republic of Mali, West Africa.

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