It Seems Bacanora Minerals Ltd Will Go Down. Have Another Big Decline

 It Seems Bacanora Minerals Ltd Will Go Down. Have Another Big Decline

The stock of Bacanora Minerals Ltd (CVE:BCN) is a huge mover today! About 16,025 shares traded hands. Bacanora Minerals Ltd (CVE:BCN) 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 negative chart setup for the $132.96M company. It was reported on Nov, 28 by Barchart.com. We have $1.09 PT which if reached, will make CVE:BCN worth $11.97M less.

More recent Bacanora Minerals Ltd (CVE:BCN) news were published by: Marketwired.com which released: “Igneous Capital Limited Sale of Shares of Bacanora Minerals Ltd.” on September 20, 2016. Also Ft.com published the news titled: “The intoxicating promise of Bacanora Minerals” on September 04, 2016. Fool.Co.Uk‘s news article titled: “Why Bacanora Minerals Ltd & Creston plc Are Flying High Today” with publication date: June 09, 2015 was also an interesting one.

Bacanora Minerals Ltd. is a developer and explorer of industrial minerals. The company has a market cap of $132.96 million. The Firm is engaged in exploration and development of mineral properties in Mexico. It currently has negative earnings. It is focused on its Sonora Lithium Project, and has a borates project located near the town of Magdalena de Kino, north of Hermosillo, Mexico.

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