Could Barkerville Gold Mines Ltd Change Direction After Today’s Huge Decline?

 Could Barkerville Gold Mines Ltd Change Direction After Today's Huge Decline?

The stock of Barkerville Gold Mines Ltd (CVE:BGM) is a huge mover today! About 255,312 shares traded hands or 12.95% up from the average. Barkerville Gold Mines Ltd (CVE:BGM) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 6 months negative chart setup for the $136.22M company. It was reported on Nov, 30 by Barchart.com. We have $0.39 PT which if reached, will make CVE:BGM worth $12.26M less.

More important recent Barkerville Gold Mines Ltd (CVE:BGM) news were published by: Marketwatch.com which released: “Barkerville Gold Mines Provides Corporate Update” on July 06, 2016, also Juniorminingnetwork.com published article titled: “Barkerville Gold Mines Announces CA$10 Million Flow-Through Financing”, Juniorminingnetwork.com published: “Barkerville Gold Mines Announces Sale of Shares by Controlling Shareholder to …” on August 09, 2016. More interesting news about Barkerville Gold Mines Ltd (CVE:BGM) was released by: Business.Financialpost.com and their article: “Junior miner Barkerville admits error in gold estimate” with publication date: June 25, 2013.

Barkerville Gold Mines Ltd. is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The company has a market cap of $136.22 million. The Firm controls approximately 117,440 hectares of mineral tenure, including over three historic groups of contiguous Crown-Granted mineral claims, namely the Cariboo Group, Island Mountain Group and Mosquito Creek Group, as well as a block of contiguous mineral tenures centered around the Town of Wells, which is located approximately 80 kilometers east of Quesnel, British Columbia. It currently has negative earnings. The Company’s QR Mine & Mill is located approximately 60 kilometers southeast of Quesnel, in the Cariboo Mining District.

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