Could Rugby Mining Ltd See a Reversal After This Very Strong Session?

 Could Rugby Mining Ltd See a Reversal After This Very Strong Session?

The stock of Rugby Mining Ltd (CVE:RUG) is a huge mover today! About 88,000 shares traded hands or 653.30% up from the average. Rugby Mining Ltd (CVE:RUG) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 9 months positive chart setup for the $23.73 million company. It was reported on Dec, 1 by Barchart.com. We have $0.39 PT which if reached, will make CVE:RUG worth $1.42M more.

More notable recent Rugby Mining Ltd (CVE:RUG) news were published by: Marketwired.com which released: “Rugby Mining Limited Announces Update on Recently Acquired Colombian Gold Assets” on June 13, 2016, also Globenewswire.com with their article: “Rugby Mining Announces Closing of CAD$2.7 Million Non-Brokered Private Placement” published on July 26, 2016, Reuters.com published: “BRIEF-Rugby Mining acquires gold portfolio in Colombia” on June 01, 2016. More interesting news about Rugby Mining Ltd (CVE:RUG) were released by: Marketwired.com and their article: “Rugby Mining Announces an Increase in Its Non-Brokered Private Placement” published on July 06, 2016 as well as Globenewswire.com‘s news article titled: “Rugby Acquires Extensive Gold Portfolio in Colombia” with publication date: June 01, 2016.

Rugby Mining Limited is a mineral resource firm exploring for gold, silver and copper. The company has a market cap of $23.73 million. The Firm operates through the segment of mineral property acquisition, exploration and development. It currently has negative earnings. The Company’s portfolio of projects includes Cobrasco Porphyry Copper Project ; Comita Porphyry Copper Project (Comita); Mabuhay Gold Project (Mabuhay), and The El Poma Project and Regional Applications.

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