What’s Next for Monarques Gold Corp After Today’s Huge Decline?

 What's Next for Monarques Gold Corp After Today's Huge Decline?

The stock of Monarques Gold Corp (CVE:MQR) is a huge mover today! About 44,500 shares traded hands. Monarques Gold Corp (CVE:MQR) has risen 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 6 months negative chart setup for the $37.15 million company. It was reported on Nov, 22 by Barchart.com. We have $0.28 PT which if reached, will make CVE:MQR worth $2.60 million less.

More notable recent Monarques Gold Corp (CVE:MQR) news were published by: Marketwired.com which released: “Rob McEwen and Greg Chamandy Make Strategic Investment in Monarques Gold Corp …” on May 26, 2016, also Prnewswire.com with their article: “Monarques Gold signs an agreement to acquire the Beacon mill and property in …” published on July 05, 2016, Stockhouse.com published: “Monarques Gold (V.MQR) poised to become the next big producer in Val-d’Or” on January 15, 2016. More interesting news about Monarques Gold Corp (CVE:MQR) were released by: Prnewswire.com and their article: “Monarques Gold Awards Ressources Ménitik a Contract to Upgrade the Chimo Road” published on October 12, 2016 as well as Prnewswire.com‘s news article titled: “Monarques Gold closes the Acquisition of the Beacon Mill and Property in Val‑d’Or” with publication date: November 01, 2016.

Monarques Gold Corporation is a Canada exploration-stage company. The company has a market cap of $37.15 million. The Firm is engaged in the acquisition and exploration of mining properties. It currently has negative earnings. It holds interest in the Croinor Gold property, which is a gold mine project.

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