Is Selling Novo Resources Corp Here a Winning Strategy?

 Is Selling Novo Resources Corp Here a Winning Strategy?

The stock of Novo Resources Corp (CVE:NVO) is a huge mover today! About 16,680 shares traded hands. Novo Resources Corp (CVE:NVO) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 6 months negative chart setup for the $90.09 million company. It was reported on Nov, 28 by Barchart.com. We have $0.92 PT which if reached, will make CVE:NVO worth $4.50 million less.

More important recent Novo Resources Corp (CVE:NVO) news were published by: Juniorminingnetwork.com which released: “Novo Resources To Purchase Previously-Optioned Projects From Talga Resources” on August 25, 2016, also Juniorminingnetwork.com published article titled: “Sampling Returns High Grades at Novo Resources Blue Spec Gold-Antimony Project”, Juniorminingnetwork.com published: “Novo Mining Receives Trial Processing Approvals” on August 10, 2016. More interesting news about Novo Resources Corp (CVE:NVO) was released by: Juniorminingnetwork.com and their article: “Novo Mining Commences Bulk Sample at Beatons Creek Gold Project” with publication date: July 29, 2016.

Novo Resources Corp. is engaged in the business of evaluating, acquiring and exploring natural resource properties. The company has a market cap of $90.09 million. The Company’s exploration and evaluation assets include Beatons Creek, Grant’s Hill, PaleoPlacer, Tuscarora, Blue Spec, Talga, Two Creeks and Mt. It currently has negative earnings. Hayes.

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