Sunridge Gold Corp on Focus After Raising In Today’s Session

From: Semere Asmelash <semereasmelash_at_ymail.com_at_dehai.org>
Date: Fri, 11 Mar 2016 17:39:30 +0000 (UTC)

http://www.stockcaller.com/sunridge-gold-corp-on-focus-after-raising-in-todays-session/43209/

Sunridge Gold Corp on Focus After Raising In Today’s Session

Linda Rogers

March 11, 2016

The stock of Sunridge Gold Corp (CVE:SGC) is a huge mover today! The stock is up 1.69% or $0.005 after the news, hitting $0.3 per share. About 125,000 shares traded hands. Sunridge Gold Corp (CVE:SGC) has risen 6.00% since February 10, 2016 and is uptrending. It has outperformed by 11.25% the S&P500. The move comes after 8 months positive chart setup for the $62.98M company. It was reported on Mar, 11 by Barchart.com. We have $0.45 PT which if reached, will make CVE:SGC worth $32.12 million more.

Sunridge Gold Corp. is a Canada development-stage exploration company. The company has a market cap of $62.98 million. The Firm is engaged in the exploration and development of its Asmara Project in Eritrea through it 60% interest in Asmara Mining Share Company (AMSC), Eritrea. It currently has negative earnings. AMSC holds three exploration licenses in Eritrea that comprise the Asmara Project: the Medrizien exploration license, on which the Emba Derho and Kodadu deposits are located; the Debarwa exploration license, on which the Debarwa and Adi Rassi deposits are located, and the Adi Nefas exploration license, on which the Adi Nefas and Gupo deposits are located.
Received on Fri Mar 11 2016 - 12:39:30 EST

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