It Seems Polo Resources Limited Will Go Down. Have Another Big Decline

 It Seems Polo Resources Limited Will Go Down. Have Another Big Decline

The stock of Polo Resources Limited (LON:POL) is a huge mover today! The stock decreased 3.57% or GBX 0.22 on November 10, hitting GBX 5.81. About 204,808 shares traded hands. Polo Resources Limited (LON:POL) has declined 66.84% since April 13, 2016 and is downtrending. It has underperformed by 72.48% the S&P500.
The move comes after 8 months negative chart setup for the GBX 18.84 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 5.11 PT which if reached, will make LON:POL worth GBX 2.26 million less.

Polo Resources Limited is a natural resources investment company. The company has a market cap of 18.84 million GBP. The Firm is focused on natural resources and mine development with interests in gas and oil, gold, coal, iron ore, phosphate and copper. It currently has negative earnings. The Firm acquires and manages investments in companies and projects and also invests in exploration companies.

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