What’s Next for Callinex Mines Inc After Today’s Huge Increase?

 What's Next for Callinex Mines Inc After Today's Huge Increase?

The stock of Callinex Mines Inc (CVE:CNX) is a huge mover today! About 134,135 shares traded hands. Callinex Mines Inc (CVE:CNX) 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 positive chart setup for the $36.07 million company. It was reported on Nov, 28 by Barchart.com. We have $0.69 PT which if reached, will make CVE:CNX worth $3.25 million more.

More important recent Callinex Mines Inc (CVE:CNX) news were published by: Marketwatch.com which released: “Resource Capital Funds Acquires 18% of Callinex Mines Inc.” on August 06, 2015, also Juniorminingnetwork.com published article titled: “Callinex Mines Revises Drilling Program and Provides Update”, Juniorminingnetwork.com published: “Callinex Mines Closes $5.0 Million Private Placement with Affiliates of the …” on November 22, 2016. More interesting news about Callinex Mines Inc (CVE:CNX) was released by: Juniorminingnetwork.com and their article: “Callinex Mines Drills 10.3m Grading 13.1% Zn Eq. Including 4.2m @ 20.8% Zn Eq.” with publication date: October 18, 2016.

Callinex Mines Inc. is a Canada company, which is engaged in the acquisition, exploration and development of exploration and evaluation of assets. The company has a market cap of $36.07 million. The Firm operates through the exploration and evaluation of its exploration and evaluation assets in Canada segment. It currently has negative earnings. It focuses on carrying out exploration activities on the Flin Flon and Pine Bay properties, for the purpose of identifying copper and zinc rich volcanogenic massive sulfide (VMS) deposits.

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