Does Darnley Bay Resources Limited Have Any Gas After Today’s Huge Decline?

 Does Darnley Bay Resources Limited Have Any Gas After Today's Huge Decline?

The stock of Darnley Bay Resources Limited (CVE:DBL) is a huge mover today! About 159,542 shares traded hands. Darnley Bay Resources Limited (CVE:DBL) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 9 months negative chart setup for the $28.29M company. It was reported on Nov, 29 by We have $0.32 PT which if reached, will make CVE:DBL worth $1.70 million less.

More notable recent Darnley Bay Resources Limited (CVE:DBL) news were published by: which released: “Darnley Bay Resources Limited Announces Grant of Options” on July 04, 2016, also with their article: “Darnley Bay to buy Tamerlane’s Pine Point mine property” published on October 26, 2016, published: “Darnley Bay Resources Discovers Large Magneto-Telluric Anomaly” on October 15, 2013. More interesting news about Darnley Bay Resources Limited (CVE:DBL) were released by: and their article: “IIROC Trade Resumption – Darnley Bay Resources Limited” published on October 20, 2016 as well as‘s news article titled: “Darnley Bay Resources Determines Biogeochemistry to be an Effective …” with publication date: October 27, 2016.

Darnley Bay Resources Limited is an exploration-stage company. The company has a market cap of $28.29 million. The Firm is engaged in exploring and developing base metal and other deposits related to the approximately 50 kilometers x 80 kilometers, 132- milligal Darnley Bay gravity anomaly near Paulatuk, Northwest Territories, Canada. It currently has negative earnings. In addition, the Company is engaged in diamond exploration with Diadem Resources Ltd. on jointly held claims, which encompass diamondiferous kimberlite pipes.

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