Could Coral Gold Resources Ltd. See a Reversal After This Very Weak Session?

 Could Coral Gold Resources Ltd. See a Reversal After This Very Weak Session?

The stock of Coral Gold Resources Ltd. (CVE:CLH) is a huge mover today! About 101,750 shares traded hands or 314.51% up from the average. Coral Gold Resources Ltd. (CVE:CLH) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 8 months negative chart setup for the $13.22M company. It was reported on Dec, 1 by Barchart.com. We have $0.27 PT which if reached, will make CVE:CLH worth $661,000 less.

More notable recent Coral Gold Resources Ltd. (CVE:CLH) news were published by: Marketwired.com which released: “Coral Announces Sale of Robertson Property, Nevada” on June 21, 2016, also Bloomberg.com with their article: “Gold Miners Set to Relax Death Grip on Spending as Caution Eases” published on July 19, 2016, Business.Financialpost.com published: “Barrick Gold Corp quits Nevada mining project citing budget constraints” on May 15, 2015. More interesting news about Coral Gold Resources Ltd. (CVE:CLH) were released by: Bloomberg.com and their article: “Barrick Gold CEO Sees Growth in Nevada Following ‘Reset'” published on May 27, 2014 as well as Investingnews.com‘s news article titled: “Levon Resources” with publication date: July 09, 2015.

Coral Gold Resources Ltd. is an exploration-stage company. The company has a market cap of $13.22 million. The Company’s principal business activities are the acquisition, exploration and development of mineral properties. It has a 636.36 P/E ratio. It operates through mineral exploration and development activities segment.

CLH.V Company Profile

Coral Gold Resources Ltd. (Coral), incorporated on January 22, 1981, is an exploration-stage company. The Company’s principal business activities are the acquisition, exploration and development of mineral properties. The Firm operates through mineral exploration and development activities segment. The Company’s principal exploration activities are focused on the Robertson mining claims located in Crescent Valley, Nevada. The Company’s properties include Robertson Property and Gold Ridge Property. The Company’s Robertson property is an advanced-stage exploration project located along the Battle Mountain/Cortez Gold trend in north-central Nevada. The Gold Ridge Property consists of approximately 100 claims covering over 2.5 square miles and is adjacent to the western side of the Robertson claim block located in North Central Nevada on the Cortez Gold Trend. It has completed over three vertical diamond core holes, RGR-0001D through RGR-0003D, to depths of between 955 meters and 1,255 meters, for a total of approximately 3,190 meters.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment