Could Atlantic Gold Corp Gain Strenght? The Stock Reaches 52-Week Low

 Could Atlantic Gold Corp Gain Strenght? The Stock Reaches 52 Week Low

The stock of Atlantic Gold Corp (CVE:AGB) is a huge mover today! About 28,322 shares traded hands. Atlantic Gold Corp (CVE:AGB) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 9 months negative chart setup for the $162.79M company. It was reported on Nov, 10 by Barchart.com. We have $0.84 PT which if reached, will make CVE:AGB worth $19.53M less.

Atlantic Gold Corp (CVE:AGB) Ratings Coverage

Out of 2 analysts covering Atlantic Gold Corp (CVE:AGB), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $0.85 is the highest target while $0.60 is the lowest. The $0.73 average target is -23.16% below today’s ($0.95) stock price. Atlantic Gold Corp has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Wednesday, August 12 by National Bank Canada.

More recent Atlantic Gold Corp (CVE:AGB) news were published by: Business.Financialpost.com which released: “Podcast: Atlantic Gold Corp CEO Steve Dean on building a gold mine in Nova Scotia” on April 20, 2016. Also Marketwired.com published the news titled: “Atlantic Gold Secures $115 Million Project Debt Financing for the Development …” on February 22, 2016. Marketwired.com‘s news article titled: “Atlantic Gold Corporation (Formerly Spur Ventures Inc.) and Atlantic Gold NL …” with publication date: August 20, 2014 was also an interesting one.

Atlantic Gold Corporation is a Canada exploration and development gold mining company. The company has a market cap of $162.79 million. The Firm is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project , Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities. It currently has negative earnings. The Company’s properties include Touquoy Gold Project located at the former village of Moose River Gold Mines; Beaver Dam Property located in Halifax County, central Nova Scotia; Cochrane Hill Gold Project located south of the town of Antigonish, and Fifteen Mile Stream property located in eastern Halifax County, Nova Scotia.

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