The stock of Argos Resources Ltd (LON:ARG) is a huge mover today! The stock decreased 11.11% or GBX 0.5 on November 29, hitting GBX 4. About 21,464 shares traded hands. Argos Resources Ltd (LON:ARG) has risen 9.09% since April 28, 2016 and is uptrending. It has outperformed by 3.83% the S&P500.
The move comes after 9 months positive chart setup for the GBX 8.25 million company. It was reported on Nov, 29 by Barchart.com. We have GBX 4.24 PT which if reached, will make LON:ARG worth GBX 495,000 more.
Argos Resources Ltd is a United Kingdom gas and oil exploration company. The company has a market cap of 8.25 million GBP. The Firm is engaged in gas and oil exploration around the Falkland Islands. It currently has negative earnings. The Company’s principal asset was its 100% interest in License PL001, which covered approximately 1,126 square kilometers in the North Falkland Basin.
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