The stock of Base Resources Ltd (LON:BSE) is a huge mover today! The stock increased 3.70% or GBX 0.5 on November 29, hitting GBX 14. About 305,555 shares traded hands or 355.81% up from the average. Base Resources Ltd (LON:BSE) has risen 315.38% since April 29, 2016 and is uptrending. It has outperformed by 310.12% the S&P500.
The move comes after 9 months positive chart setup for the GBX company. It was reported on Nov, 29 by Barchart.com. We have GBX 15.12 PT which if reached, will make LON:BSE worth GBX more.
Base Resources Limited is engaged in the operation of the 100% owned Kwale Mineral Sands Operation in Kenya. The company has a market cap of GBP. The Company’s divisions include other activities and Kwale operations. It currently has negative earnings. The Company’s Kwale Operation is located in Kenya, approximately 50 kilometers south from the port of Mombasa and sells rutile, ilmenite and zircon.
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