The stock of G4G Capital Corp (CVE:GGC) hit a new 52-week high and has $1.99 target or 99.00% above today’s $1.00 share price. The 8 months bullish chart indicates low risk for the $43.65 million company. The 1-year high was reported on Nov, 10 by Barchart.com. If the $1.99 price target is reached, the company will be worth $43.21 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $1 per share. It is down 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
More notable recent G4G Capital Corp (CVE:GGC) news were published by: Marketwatch.com which released: “PowerOne Capital Corp. and Pat DiCapo Acquire Securities of G4G Capital Corp.” on October 28, 2016, also Marketwired.com with their article: “G4G Capital Corp. Signs Letter Agreement to Acquire All Shawn Ryan and …” published on September 21, 2016, Marketwired.com published: “G4G Capital Corp. Announces Proposed Name Change to White Gold Corp. to …” on October 31, 2016. More interesting news about G4G Capital Corp (CVE:GGC) were released by: Marketwired.com and their article: “G4G Capital Corp. Announces Appointment of Robert Carpenter to Board of Directors” published on November 02, 2016 as well as Marketwired.com‘s news article titled: “G4G Capital Corp. Announces Grant of Options” with publication date: September 27, 2016.
G4G Capital Corp., formerly G4G Resources Ltd., is a Canada junior natural resource-mining company. The company has a market cap of $43.65 million. The Firm is engaged in the business of acquiring and exploring mineral properties in the Yukon, Canada and other locations. It has a 100 P/E ratio. The Firm operates through a segment, being the acquisition, exploration and development of resource properties.
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