Will Renaissance Gold Inc Short Squeeze Soon?

 Will Renaissance Gold Inc Short Squeeze Soon?

The stock of Renaissance Gold Inc (CVE:REN) is a huge mover today! About 43,000 shares traded hands. Renaissance Gold Inc (CVE:REN) has risen 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
The move comes after 9 months negative chart setup for the $13.58M company. It was reported on Nov, 11 by Barchart.com. We have $0.37 PT which if reached, will make CVE:REN worth $1.90 million less.

More recent Renaissance Gold Inc (CVE:REN) news were published by: Businesswire.com which released: “Renaissance Gold Announces Earn-in Arrangement with Coeur Mining, Inc. at Its …” on March 02, 2015. Also Juniorminingnetwork.com published the news titled: “Renaissance Gold Reports Year-End 2016 Results” on October 26, 2016. Stockhouse.com‘s news article titled: “Renaissance Reports Encouraging Channel Sample Results at Buffalo Canyon, Nevada” with publication date: October 31, 2016 was also an interesting one.

Renaissance Gold Inc. is a gold/silver-focused exploration company. The company has a market cap of $13.58 million. The Firm is engaged in the acquisition and exploration of mineral properties located in Nevada and Utah. It currently has negative earnings. The Company’s portfolio projects include Arabia, Silicon, Trinity Silver and Wildcat.

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