Could Atlantis Resources Ltd Gain Strenght? The Stock Reaches 52-Week Low

 Could Atlantis Resources Ltd Gain Strenght? The Stock Reaches 52 Week Low

The stock of Atlantis Resources Ltd (LON:ARL) is a huge mover today! The stock decreased 0.29% or GBX 0.2 on November 10, hitting GBX 69.8. About 70,498 shares traded hands or 11.78% up from the average. Atlantis Resources Ltd (LON:ARL) has risen 16.67% since April 11, 2016 and is uptrending. It has outperformed by 11.02% the S&P500.
The move comes after 9 months negative chart setup for the GBX 80.59M company. It was reported on Nov, 10 by Barchart.com. We have GBX 60.03 PT which if reached, will make LON:ARL worth GBX 11.28 million less.

More news for Atlantis Resources Ltd (LON:ARL) were recently published by: Uk.Finance.Yahoo.com, which released: “Atlantis Resources Limited (ARL.L)” on April 08, 2014. Bloomberg.com‘s article titled: “Atlantis Resources Buys Tidal-Energy Assets From ScottishPower” and published on December 17, 2015 is yet another important article.

Atlantis Resources Limited is a vertically integrated turbine supplier and project developer in the tidal power industry. The company has a market cap of 80.59 million GBP. The Company’s divisions include Power Generation, and Turbine and Engineering Services. It has a 17.33 P/E ratio. The Company’s Power Generation focuses on the development of the MeyGen tidal energy project.

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