After Today’s Huge Increase, Is Rouge Resource Ltd’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Rouge Resource Ltd's Near Term Analysis Positive?

The stock of Rouge Resource Ltd (CVE:F) is a huge mover today! About 142,000 shares traded hands or 1.97% up from the average. Rouge Resource Ltd (CVE:F) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 6 months positive chart setup for the $45.59 million company. It was reported on Nov, 17 by Barchart.com. We have $1.05 PT which if reached, will make CVE:F worth $56.08M more.

Another recent and important Rouge Resource Ltd (CVE:F) news was published by Juniorminingnetwork.com which published an article titled: “Fiore Exploration (previously Rouge Resources Ltd.) announces new name, stock …” on August 08, 2016.

F.V Company Profile

Rouge Resources Ltd., incorporated on March 31, 1988, is a mineral exploration firm engaged in the business of acquiring, exploring, evaluating and developing mineral resource properties in Canada. The Firm holds 100% interest in 16 claims in the Thunder Bay Mining District of North Central Ontario area called the Dotted Lake property.

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