Wednesday, December 09, 2015 3:09:51 PM
NOVEMBER 27, 2015 BY CASEY MCCARTHY IN IMPORTANT STOCK NEWS
The stock of Viscount Mining Corp (TSXv:VML) hit a new 52-week high and has $1.59 target or 189.00% above today’s $0.55 share price. The 5 months bullish chart indicates low risk for the $18.81 million company.
The 1-year high was reported on Nov, 27 by Barchart.com. If the $1.59 price target is reached, the company will be worth $35.55 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.
The stock increased 3.77% or $0.02 on November 27, hitting $0.55. About 172,350 shares traded hands or 88.18% up from the average. Viscount Mining Corp (CVE:VML) has risen 6.00% since October 28, 2015 and is uptrending. It has outperformed by 7.36% the S&P500.
Viscount Mining closed at all time high $0.55
New high: Viscount Mining (TSXV: VML) (OTCQB:VLMGF) closes at $0.55 on 172.35k volume on @TMXGroup #mining #stocks
Read more at http://www.stockhouse.com/companies/bullboard/bullboard/v.vml/viscount-mining-corp#QxbT6Ua1cjdG0HWi.99
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