Time to Buy Argos Resources Ltd After Today’s Huge Decline?

 Time to Buy Argos Resources Ltd After Today's Huge Decline?

The stock of Argos Resources Ltd (LON:ARG) is a huge mover today! The stock decreased 3.33% or GBX 0.12 on November 10, hitting GBX 3.62. About 189,943 shares traded hands or 147.47% up from the average. Argos Resources Ltd (LON:ARG) has declined 21.05% since April 11, 2016 and is downtrending. It has underperformed by 26.70% the S&P500.
The move comes after 5 months negative chart setup for the GBX 7.74 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 3.22 PT which if reached, will make LON:ARG worth GBX 851,400 less.

Argos Resources Ltd is a United Kingdom gas and oil exploration company. The company has a market cap of 7.74 million GBP. The Firm is engaged in gas and oil exploration around the Falkland Islands. It currently has negative earnings. The Company’s principal asset was its 100% interest in License PL001, which covered approximately 1,126 square kilometers in the North Falkland Basin.

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