What’s in Avocet Mining plc After Today’s Huge Increase?

 What's in Avocet Mining plc After Today's Huge Increase?

The stock of Avocet Mining plc (LON:AVM) is a huge mover today! The stock decreased 4.88% or GBX 2.97 on November 28, hitting GBX 58.03. About 244,307 shares traded hands. Avocet Mining plc (LON:AVM) has risen 22.00% since April 28, 2016 and is uptrending. It has outperformed by 15.99% the S&P500.
The move comes after 8 months positive chart setup for the GBX 11.97M company. It was reported on Nov, 28 by Barchart.com. We have GBX 59.77 PT which if reached, will make LON:AVM worth GBX 359,100 more.

More recent Avocet Mining plc (LON:AVM) news were published by: Fool.Co.Uk which released: “Are Petropavlovsk plc, Schroders plc and Avocet Mining plc worth buying after …” on April 28, 2016. Also Reuters.com published the news titled: “Avocet Mining gets mining licence for Tri-K gold project in Guinea” on April 02, 2015. Bloomberg.com‘s news article titled: “Revolt Rocks Burkina Faso’s Mines After President Flees” with publication date: April 08, 2015 was also an interesting one.

Avocet Mining PLC is a West African gold mining and exploration company. The company has a market cap of 11.97 million GBP. The Firm operates the Inata gold mine in Burkina Faso and has exploration projects in Burkina Faso and Guinea. It currently has negative earnings. The Company’s divisions include the UK; Burkina Faso, which includes the Inata mine, as well as exploration activity within the Belahouro license area, and Guinea, which includes the Tri-K project.

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