Is Atlantic Gold Corp’s Fuel Running Low? The Stock Just Declined Again

 Is Atlantic Gold Corp's Fuel Running Low? The Stock Just Declined Again

The stock of Atlantic Gold Corp (CVE:AGB) is a huge mover today! About 48,500 shares traded hands. Atlantic Gold Corp (CVE:AGB) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 7 months negative chart setup for the $147.70M company. It was reported on Dec, 1 by Barchart.com. We have $0.83 PT which if reached, will make CVE:AGB worth $7.39 million less.

Atlantic Gold Corp (CVE:AGB) Ratings Coverage

Out of 2 analysts covering Atlantic Gold Corp (CVE:AGB), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $0.85 is the highest target while $0.60 is the lowest. The $0.73 average target is -16.09% below today’s ($0.87) stock price. Atlantic Gold Corp has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The company was initiated on Wednesday, August 12 by National Bank Canada.

Another recent and important Atlantic Gold Corp (CVE:AGB) news was published by Business.Financialpost.com which published an article titled: “Podcast: Atlantic Gold Corp CEO Steve Dean on building a gold mine in Nova Scotia” on April 20, 2016.

Atlantic Gold Corporation is a Canada exploration and development gold mining company. The company has a market cap of $147.70 million. The Firm is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project , Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities. It currently has negative earnings. The Company’s properties include Touquoy Gold Project located at the former village of Moose River Gold Mines; Beaver Dam Property located in Halifax County, central Nova Scotia; Cochrane Hill Gold Project located south of the town of Antigonish, and Fifteen Mile Stream property located in eastern Halifax County, Nova Scotia.

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