Time to Buy Zenyatta Ventures Ltd After Today’s Huge Increase?

 Time to Buy Zenyatta Ventures Ltd After Today's Huge Increase?

The stock of Zenyatta Ventures Ltd (CVE:ZEN) is a huge mover today! About 246,301 shares traded hands or 335.59% up from the average. Zenyatta Ventures Ltd (CVE:ZEN) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 9 months positive chart setup for the $61.41M company. It was reported on Nov, 15 by Barchart.com. We have $2.84 PT which if reached, will make CVE:ZEN worth $104.40 million more.

More recent Zenyatta Ventures Ltd (CVE:ZEN) news were published by: Marketwatch.com which released: “Zenyatta Ventures Ltd. Strengthens Technical Team With the Addition of …” on July 06, 2016. Also Theglobeandmail.com published the news titled: “Zenyatta Ventures in a gently sloping decline” on August 14, 2015. Marketwired.com‘s news article titled: “Zenyatta & Ballard Power Systems Achieve Success on Performance Testing Using …” with publication date: March 29, 2016 was also an interesting one.

Zenyatta Ventures Ltd. is a junior mineral exploration firm focused primarily on mineral deposits in Northern Ontario, Canada. The company has a market cap of $61.41 million. The Firm is engaged in exploring mining projects and holds an interest in exploration licenses on properties in the Arc of Fire area in Northern Ontario. It currently has negative earnings. The properties, located north of Lake Superior and west of James Bay in north-western Ontario, are unpatented, noncontiguous, and consist of approximately 10 blocks of claims , approximately 160 claims and over 2,360 claim units, totaling approximately 376.96 square kilometers and over 37,700 hectares (the Claims).

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