What’s Next for Canasil Resources Inc. After Today’s Huge Increase?

 What's Next for Canasil Resources Inc. After Today's Huge Increase?

The stock of Canasil Resources Inc. (CVE:CLZ) is a huge mover today! About 247,250 shares traded hands. Canasil Resources Inc. (CVE:CLZ) has risen 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 $27.03M company. It was reported on Nov, 14 by Barchart.com. We have $0.38 PT which if reached, will make CVE:CLZ worth $9.73M more.

More notable recent Canasil Resources Inc. (CVE:CLZ) news were published by: Investingnews.com which released: “5 Top TSXV Stocks: Canasil Resources Up 227 Percent on Silver Discovery” on February 01, 2016, also Juniorminingnetwork.com with their article: “Canasil Resources Reports 41 Metres of 108 g/t Silver at Sandra-Escobar Project” published on October 19, 2016, Marketwatch.com published: “Orex Announces 33.3 Million Ounces of Silver in an Inferred Resource Estimate …” on October 31, 2016. More interesting news about Canasil Resources Inc. (CVE:CLZ) were released by: Prnewswire.com and their article: “Orex Commences Phase-IV Diamond Drilling on the Sandra Escobar Project in …” published on November 07, 2016 as well as Marketwired.com‘s news article titled: “Canasil Appoints Iain MacPhail as Director” with publication date: January 08, 2014.

Canasil Resources Inc. is engaged in the exploration and development of mineral properties with prospects for gold, silver, copper, zinc and lead in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The company has a market cap of $27.03 million. The Firm operates in mining exploration industry segment. It currently has negative earnings. The Company’s Mexico properties include the Sandra-Escobar, La Esperanza and Salamandra project.

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