What’s Next for Amur Minerals Corporation After Today’s Huge Increase?

 What's Next for Amur Minerals Corporation After Today's Huge Increase?

The stock of Amur Minerals Corporation (LON:AMC) is a huge mover today! The stock increased 18.08% or GBX 1.64 on November 30, hitting GBX 10.74. About 16.81 million shares traded hands or 94.34% up from the average. Amur Minerals Corporation (LON:AMC) has risen 85.71% since April 29, 2016 and is uptrending. It has outperformed by 80.49% the S&P500.
The move comes after 7 months positive chart setup for the GBX 64.19 million company. It was reported on Nov, 30 by Barchart.com. We have GBX 11.17 PT which if reached, will make LON:AMC worth GBX 2.57M more.

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 stock of Amur Minerals Corporation (LON:AMC) earned “Hold” rating by SP Angel on Tuesday, September 29. The stock of Amur Minerals Corporation (LON:AMC) earned “Hold” rating by SP Angel on Wednesday, September 9. The firm earned “Hold” rating on Wednesday, September 16 by SP Angel. The company was maintained on Monday, March 7 by Beaufort Securities. On Monday, August 10 the stock rating was maintained by SP Angel with “Hold”. The company was maintained on Wednesday, September 2 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 64.19 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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