Is Patriot One Technologies Inc a Buy? The Stock Reaches 52-Week High Today

 Is Patriot One Technologies Inc a Buy? The Stock Reaches 52 Week High Today

The stock of Patriot One Technologies Inc (CVE:PAT) hit a new 52-week high and has $1.45 target or 4.00% above today’s $1.39 share price. The 9 months bullish chart indicates low risk for the $74.69M company. The 1-year high was reported on Nov, 25 by Barchart.com. If the $1.45 price target is reached, the company will be worth $2.99 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 82,950 shares traded hands. Patriot One Technologies Inc (CVE:PAT) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

More recent Patriot One Technologies Inc (CVE:PAT) news were published by: Business.Financialpost.com which released: “Podcast: Patriot One Technologies Inc. CEO Martin Cronin on new threat …” on October 06, 2016. Also Business.Financialpost.com published the news titled: “Patriot One Technologies launches new weapons detection system at police …” on October 17, 2016. Prnewswire.com‘s news article titled: “The Role of Global Security and Surveillance Companies” with publication date: November 15, 2016 was also an interesting one.

Patriot One Technologies Inc., formerly Clear Mountain Resources Corp., is a junior mineral resource exploration company. The company has a market cap of $74.69 million. The Firm is engaged in the identification, evaluation and acquisition of mineral properties and the subsequent exploration and operation thereof, including seeking joint venture partners to assist with exploration funding. It currently has negative earnings. The Firm focuses on new business opportunities and/or financing new business ventures in the mineral resource industry.

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