What’s Propelling Amur Minerals Corporation to Decline So Much?

 What's Propelling Amur Minerals Corporation to Decline So Much?

The stock of Amur Minerals Corporation (LON:AMC) is a huge mover today! The stock increased 8.06% or GBX 0.64 on November 29, hitting GBX 8.51. About 9.16M shares traded hands or 6.39% up from the average. Amur Minerals Corporation (LON:AMC) has risen 55.33% since April 28, 2016 and is uptrending. It has outperformed by 50.07% the S&P500.
The move comes after 8 months negative chart setup for the GBX 50.83M company. It was reported on Nov, 29 by Barchart.com. We have GBX 7.83 PT which if reached, will make LON:AMC worth GBX 4.07 million less.

Amur Minerals Corporation (LON:AMC) Ratings Coverage

Out of 2 analysts covering Amur Minerals Corporation (LON:AMC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Amur Minerals Corporation has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The rating was maintained by SP Angel with “Hold” on Wednesday, September 9. The firm has “Hold” rating by SP Angel given on Wednesday, September 16. The rating was maintained by SP Angel with “Hold” on Monday, August 10. The stock of Amur Minerals Corporation (LON:AMC) has “Hold” rating given on Monday, March 7 by Beaufort Securities. SP Angel maintained the shares of AMC in a report on Wednesday, September 2 with “Hold” rating. The firm has “Hold” rating given on Tuesday, September 29 by SP Angel.

More recent Amur Minerals Corporation (LON:AMC) news were published by: Uk.Finance.Yahoo.com which released: “Amur Minerals Corporation (AMC.L)” on May 22, 2008. Also Fool.Co.Uk published the news titled: “Should You Buy Amur Minerals Corporation After Its Recent Crash?” on July 06, 2015. Fool.Co.Uk‘s news article titled: “Is Amur Minerals Corporation A Value Play Or A Value Trap?” with publication date: December 18, 2015 was also an interesting one.

Amur Minerals Corporation is a natural resources exploration and development company. The company has a market cap of 50.83 million GBP. The Firm and its subsidiaries locate, evaluate, acquire, explore and develop mineral properties and projects in the Russian Far East. It currently has negative earnings. The Company’s principal asset is the Kun-Manie sulfide nickel, copper project located in Amur Oblast, with JORC resources in excess of 830,000 nickel equivalent tons.

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