A Reversal for Newport Exploration Ltd Is Not Near. The Stock Declines Again

 A Reversal for Newport Exploration Ltd Is Not Near. The Stock Declines Again

The stock of Newport Exploration Ltd (CVE:NWX) is a huge mover today! About 37,000 shares traded hands. Newport Exploration Ltd (CVE:NWX) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 5 months negative chart setup for the $28.21 million company. It was reported on Dec, 1 by Barchart.com. We have $0.27 PT which if reached, will make CVE:NWX worth $1.97 million less.

More notable recent Newport Exploration Ltd (CVE:NWX) news were published by: Marketwired.com which released: “New Oil Field Discovery on PEL 91, Production Licences Granted Over Areas …” on October 15, 2014, also Stockhouse.com with their article: “Moriarty says Newport Exploration (V.NWX) is ‘raping’ investors, CEO responds” published on May 09, 2014, Marketwired.com published: “Global Copper Group Announces B.C. Rambo Property Acquisition” on February 27, 2015. More interesting news about Newport Exploration Ltd (CVE:NWX) were released by: Nature.com and their article: “China’s dark-matter satellite launches era of space science” published on December 17, 2015 as well as Finance.Yahoo.com‘s news article titled: “NEM : Summary for Newmont Mining Corporation – Yahoo Finance” with publication date: April 01, 2016.

Newport Exploration Ltd. is a Canada exploration-stage company. The company has a market cap of $28.21 million. The Firm is a natural resource firm engaged in the acquisition and exploration of resource properties. It has a 17.23 P/E ratio. It holds approximately 2.5% gross overriding royalty on various permits in Australia.

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