Will Altura Energy Inc Short Squeeze Soon?

 Will Altura Energy Inc Short Squeeze Soon?

The stock of Altura Energy Inc (CVE:ATU) is a huge mover today! About 216,945 shares traded hands or 14.97% up from the average. Altura Energy Inc (CVE:ATU) 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 $33.34 million company. It was reported on Dec, 1 by Barchart.com. We have $0.27 PT which if reached, will make CVE:ATU worth $2.00 million less.

Another recent and important Altura Energy Inc (CVE:ATU) news was published by Marketwired.com which published an article titled: “Northern Spirit Resources Inc. Changes Name to Altura Energy Inc., Announces …” on October 17, 2015.

Altura Energy Inc., formerly Northern Spirit Resources Inc., is a Canada gas and oil exploration, development and production firm with focused activities in east central Alberta. The company has a market cap of $33.34 million. The Company’s properties include Klein North Area, Klein South Area, Wildmere Area and Provost Minors Area. It currently has negative earnings. The Klein North area is located approximately 20 kilometers south of Provost, Alberta.

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