The stock of Margaux Resources Ltd (CVE:MRL) is a huge mover today! About 117,000 shares traded hands or 1452.55% up from the average. Margaux Resources Ltd (CVE:MRL) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 9 months negative chart setup for the $10.41 million company. It was reported on Nov, 30 by Barchart.com. We have $0.27 PT which if reached, will make CVE:MRL worth $936,900 less.
More notable recent Margaux Resources Ltd (CVE:MRL) news were published by: Marketwired.com which released: “Margaux Resources Ltd. Provides Corporate Update” on August 09, 2016, also Marketwired.com with their article: “Margaux Resources Announces Results From Recent Sampling” published on April 12, 2016, Marketwired.com published: “Margaux Resources Ltd. Announces Acquisition of the Jersey Emerald Property, BC” on November 11, 2013. More interesting news about Margaux Resources Ltd (CVE:MRL) were released by: Marketwired.com and their article: “Margaux Resources Ltd. Announces Appointment of Chief Financial Officer” published on December 04, 2014 as well as Marketwired.com‘s news article titled: “Margaux Resources Announces Closing of First Tranche of Private Placement Offering” with publication date: July 04, 2016.
Margaux Resources Ltd. is a capital pool company. The company has a market cap of $10.41 million. The Firm is in the process of acquiring and exploring mineral properties in British Columbia. It currently has negative earnings. The Firm is focused on Jersey Emerald Tungsten-Zinc Property, which is located in the southeast portion of British Columbia.
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