Could Energold Drilling Corp See a Reversal After This Very Weak Session?

 Could Energold Drilling Corp See a Reversal After This Very Weak Session?

The stock of Energold Drilling Corp (CVE:EGD) is a huge mover today! About 69,200 shares traded hands or 256.61% up from the average. Energold Drilling Corp (CVE:EGD) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 7 months negative chart setup for the $50.70 million company. It was reported on Nov, 10 by Barchart.com. We have $0.74 PT which if reached, will make CVE:EGD worth $7.10 million less.

More notable recent Energold Drilling Corp (CVE:EGD) news were published by: Seekingalpha.com which released: “Energold Drilling Corp. – How To Get Indirect Exposure To The Precious Metals …” on October 12, 2015, also Marketwired.com with their article: “Energold Drilling Announces Acquisition of Cros-Man Direct Underground Ltd.” published on March 07, 2016, Seekingalpha.com published: “Energold Drilling’s (EGDFF) CEO Frederick Davidson on Q2 2016 Results …” on August 25, 2016. More interesting news about Energold Drilling Corp (CVE:EGD) were released by: Seekingalpha.com and their article: “Energold Drilling – Still Gloomy Performance But A Few Positives On The Horizon” published on December 03, 2015 as well as Seekingalpha.com‘s news article titled: “Energold Drilling Gives You The Opportunity To Buy $1 For $0.75 (EGDFF)” with publication date: February 07, 2015.

Energold Drilling Corp., through its subsidiaries, provides drilling services. The company has a market cap of $50.70 million. The Firm operates through three divisions: Minerals, Manufacturing and Energy. It currently has negative earnings. The Minerals segment provides drilling services in the minerals industry for parties in North America, Mexico, the Caribbean, Central America, South America, Africa and Europe.

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