The stock of Komet Resources Inc (CVE:KMT) is a huge mover today! About 56,500 shares traded hands or 32.97% up from the average. Komet Resources Inc (CVE:KMT) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 5 months negative chart setup for the $30.11 million company. It was reported on Nov, 10 by Barchart.com. We have $0.41 PT which if reached, will make CVE:KMT worth $3.31 million less.
More notable recent Komet Resources Inc (CVE:KMT) news were published by: Investingnews.com which released: “Komet Resources Inc.: Gold Production Increases More Than 90% in Q3 2016” on November 04, 2016, also Investingnews.com with their article: “Komet Resources” published on May 19, 2016, Marketwired.com published: “Komet: Significant Increase in Gross Sales of Gold and Issuance of a Research …” on August 12, 2016. More interesting news about Komet Resources Inc (CVE:KMT) were released by: Uk.Finance.Yahoo.com and their article: “Komet Signs Market Making Agreement With Questrade, Inc.” published on July 22, 2016 as well as Zacks.com‘s news article titled: “Lincoln Electric Buys Vizient to Drive Automation Growth” with publication date: May 17, 2016.
Komet Resources Inc. is a gold mining company, which is focused on exploration and production at its projects in Burkina Faso, West Africa. The company has a market cap of $30.11 million. The Company’s properties include GUIRO – BURKINA FASO and the Moussala exploration permit. It currently has negative earnings. The Moussala exploration permit is located in the Kenieba gold mining camp in the Republic of Mali, West Africa.
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