The stock of Algold Resources Ltd (CVE:ALG) is a huge mover today! About 130,000 shares traded hands. Algold Resources Ltd (CVE:ALG) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 7 months negative chart setup for the $30.35 million company. It was reported on Nov, 18 by Barchart.com. We have $0.23 PT which if reached, will make CVE:ALG worth $3.95M less.
More recent Algold Resources Ltd (CVE:ALG) news were published by: Investingnews.com which released: “Algold Resources Ltd.” on January 21, 2016. Also Investingnews.com published the news titled: “Algold Confirms High Grade Gold Values on Legouessi LC Prospect in Mauritania” on February 23, 2016. Theglobeandmail.com‘s news article titled: “Five speculative mining stock buys for 2015” with publication date: April 08, 2015 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 $30.35 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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