What’s Storm Resources Ltd Upside After Today’s Huge Increase?

 What's Storm Resources Ltd Upside After Today's Huge Increase?

The stock of Storm Resources Ltd (CVE:SRX) is a huge mover today! About 20,947 shares traded hands. Storm Resources Ltd (CVE:SRX) 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 $539.03 million company. It was reported on Nov, 8 by Barchart.com. We have $7.67 PT which if reached, will make CVE:SRX worth $355.76M more.

More important recent Storm Resources Ltd (CVE:SRX) news were published by: Marketwired.com which released: “Storm Resources Ltd. Announces Processing Arrangement at Umbach and Increased …” on September 07, 2016, also Marketwired.com published article titled: “Storm Resources Ltd. Is Pleased to Announce Its Financial and Operating …”, Marketwired.com published: “Storm Resources Ltd. Announces Grant of Stock Options” on December 08, 2015. More interesting news about Storm Resources Ltd (CVE:SRX) was released by: Theglobeandmail.com and their article: “At midday: TSX, Dow rise slightly as investors await US election result” with publication date: November 08, 2016.

Storm Resources Ltd. is a Canada-based firm engaged in the exploration for, and the acquisition, development and production of oil, natural gas and natural gas liquids reserves in the provinces of Alberta and British Columbia. The company has a market cap of $539.03 million. The Firm focuses on exploratory and development drilling. It currently has negative earnings. The Company’s main areas of activity are located in the Umbach and Horn River Basin areas of northeast British Columbia, with minor interests in the Valhalla area of north central Alberta.

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