Could Ashanti Gold Corp See a Reversal After This Very Strong Session?

 Could Ashanti Gold Corp See a Reversal After This Very Strong Session?

The stock of Ashanti Gold Corp (CVE:AGZ) is a huge mover today! About 43,000 shares traded hands or 251.25% up from the average. Ashanti Gold Corp (CVE:AGZ) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 7 months positive chart setup for the $9.14 million company. It was reported on Nov, 28 by Barchart.com. We have $0.43 PT which if reached, will make CVE:AGZ worth $274,200 more.

More important recent Ashanti Gold Corp (CVE:AGZ) news were published by: Nasdaq.com which released: “Zacks Industry Outlook Highlights: Barrick Gold, Goldcorp, Newmont Mining …” on June 20, 2016, also Investorideas.com published article titled: “#TSX #Mining News: Ashanti Gold (TSXV: AGZ) Announces Ghana Gold Project Earn …”, Mining.com published: “Top 3 gold miners get ratings boost but Goldcorp cut” on March 11, 2016. More interesting news about Ashanti Gold Corp (CVE:AGZ) was released by: Fool.com and their article: “These 5 Gold Stocks Are Ridiculously Cheap” with publication date: June 19, 2016.

Ashanti Gold Corp, formerly Gulf Shores Resources Ltd, is a Canada firm engaged in the business of exploring and developing natural resources. The company has a market cap of $9.14 million. The Company’s Anumso gold project is approximately 29.63 square-kilometer mining lease within over two blocks that covers approximately five kilometers of strike length of the Birimian series auriferous Tarkwaian Banket strata within the productive Ashanti belt of Ghana. It currently has negative earnings.

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