Is Selling Nevada Exploration Inc. Here a Winning Strategy?

 Is Selling Nevada Exploration Inc. Here a Winning Strategy?

The stock of Nevada Exploration Inc. (CVE:NGE) is a huge mover today! About 69,550 shares traded hands or 47.66% up from the average. Nevada Exploration Inc. (CVE:NGE) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 8 months negative chart setup for the $17.55 million company. It was reported on Nov, 29 by Barchart.com. We have $0.33 PT which if reached, will make CVE:NGE worth $1.05M less.

More recent Nevada Exploration Inc. (CVE:NGE) news were published by: Investingnews.com which released: “Nevada Exploration Inc. Announces Closing of Oversubscribed Financing” on July 12, 2016. Also Juniorminingnetwork.com published the news titled: “Nevada Exploration Inc. Letter to Shareholders” on January 19, 2016. Marketwired.com‘s news article titled: “Nevada Exploration Inc. Completes Commissioning of Its Scorpion Drill Rig to …” with publication date: October 31, 2016 was also an interesting one.

Nevada Exploration Inc. is in the business of acquiring and exploring mineral properties. The company has a market cap of $17.55 million. The Firm is engaged in gold exploration in Nevada, the United States. It currently has negative earnings. The Company’s properties include Grass Valley , South Grass Valley (SGV), Kelly Creek (KC), Hot Pot (HP) and Awakening (AW).

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