What’s Next for Polo Resources Limited After Today’s Huge Increase?

 What's Next for Polo Resources Limited After Today's Huge Increase?

The stock of Polo Resources Limited (LON:POL) is a huge mover today! The stock increased 24.10% or GBX 1.4 on November 11, hitting GBX 7.21. About 7.89 million shares traded hands or 1632.61% up from the average. Polo Resources Limited (LON:POL) has declined 68.21% since April 14, 2016 and is downtrending. It has underperformed by 74.36% the S&P500.
The move comes after 6 months positive chart setup for the GBX 21.84M company. It was reported on Nov, 11 by Barchart.com. We have GBX 19.18 PT which if reached, will make LON:POL worth GBX 36.25 million more.

Polo Resources Limited is a natural resources investment company. The company has a market cap of 21.84 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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