It Seems Sandspring Resources Ltd. Will Go Down. Have Another Big Decline

 It Seems Sandspring Resources Ltd. Will Go Down. Have Another Big Decline

The stock of Sandspring Resources Ltd. (CVE:SSP) is a huge mover today! About 94,416 shares traded hands. Sandspring Resources Ltd. (CVE:SSP) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 8 months negative chart setup for the $43.93M company. It was reported on Nov, 28 by Barchart.com. We have $0.37 PT which if reached, will make CVE:SSP worth $2.64 million less.

More important recent Sandspring Resources Ltd. (CVE:SSP) news were published by: Marketwired.com which released: “Sandspring Resources Closes C$6.5 Million Private Placement” on May 06, 2016, also Seekingalpha.com published article titled: “A 10 Million Ounce Call Option On Gold”, Marketwired.com published: “Sandspring Resources Commences 2016 Exploration Campaign” on August 17, 2016. More interesting news about Sandspring Resources Ltd. (CVE:SSP) was released by: Marketwatch.com and their article: “Sandspring Resources Announces Share Purchases by Frank Giustra” with publication date: February 12, 2016.

Sandspring Resources Ltd. is a Canada resource exploration company. The company has a market cap of $43.93 million. The Firm focuses on the exploration for, and resource expansion of, gold and related minerals in Guyana, South America. It currently has negative earnings. The Firm operates in the development of its Toroparu Project for the production of gold, copper and silver in Guyana segment.

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