Does Algold Resources Ltd Have Any Gas After Today’s Huge Increase?

 Does Algold Resources Ltd Have Any Gas After Today's Huge Increase?

The stock of Algold Resources Ltd (CVE:ALG) is a huge mover today! The stock last traded at $0.27 per share. It is down 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 5 months positive chart setup for the $28.58M company. It was reported on Nov, 14 by Barchart.com. We have $0.65 PT which if reached, will make CVE:ALG worth $40.01 million more.

More recent Algold Resources Ltd (CVE:ALG) news were published by: Investingnews.com which released: “Algold Resources Ltd.” on January 21, 2016. Also Juniorminingnetwork.com published the news titled: “Algold Resources Intersects 28 g/t Au Over 2 Meters at Tijirit’s Eleonore Zone” on October 05, 2016. Investingnews.com‘s news article titled: “Algold Confirms High Grade Gold Values on Legouessi LC Prospect in Mauritania” with publication date: February 23, 2016 was also an interesting one.

Algold Resources Ltd., formerly Kanosak Capital Venture Corporation, is a junior mineral exploration company. The company has a market cap of $28.58 million. The Firm is focused on the exploration and development of gold deposits in West Africa. It currently has negative earnings. The Company’s properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt.

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