Time to Buy Bacanora Minerals Ltd After Today’s Huge Increase?

 Time to Buy Bacanora Minerals Ltd After Today's Huge Increase?

The stock of Bacanora Minerals Ltd (CVE:BCN) is a huge mover today! About 9,700 shares traded hands. Bacanora Minerals Ltd (CVE:BCN) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 8 months positive chart setup for the $139.56 million company. It was reported on Nov, 14 by Barchart.com. We have $1.82 PT which if reached, will make CVE:BCN worth $60.01M more.

More news for Bacanora Minerals Ltd (CVE:BCN) were recently published by: Marketwired.com, which released: “Igneous Capital Limited Sale of Shares of Bacanora Minerals Ltd.” on September 20, 2016. Fool.Co.Uk‘s article titled: “Why Bacanora Minerals Ltd & Creston plc Are Flying High Today” and published on June 09, 2015 is yet another important article.

Bacanora Minerals Ltd. is a developer and explorer of industrial minerals. The company has a market cap of $139.56 million. The Firm is engaged in exploration and development of mineral properties in Mexico. It currently has negative earnings. It is focused on its Sonora Lithium Project, and has a borates project located near the town of Magdalena de Kino, north of Hermosillo, Mexico.

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