Company Shares of Exeter Resource Corporation (NYSEMKT:XRA) Rally 3.02%

Exeter Resource Corporation (NYSEMKT:XRA) : Traders are bullish on Exeter Resource Corporation (NYSEMKT:XRA) as it has outperformed the S&P 500 by a wide margin of 42.37% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.72%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.02% in the last 1 week, and is up 44.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 202.22% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $1.47 and the one year low was seen on Nov 24, 2015. The 50-Day Moving Average price is $0.97 and the 200 Day Moving Average price is recorded at $0.69.

The stock has recorded a 20-day Moving Average of 30.57% and the 50-Day Moving Average is 44.67%.


Exeter Resource Corporation (NYSEMKT:XRA): stock turned positive on Friday. Though the stock opened at $1.33, the bulls momentum made the stock top out at $1.36 level for the day. The stock recorded a low of $1.21 and closed the trading day at $1.3599, in the green by 0.35%. The total traded volume for the day was 1,005,253. The stock had closed at $1.3552 in the previous days trading.

Exeter Resource Corporation (Exeter) is a mineral resource exploration and development company. The Companys principal property is the Caspiche property in northern Chile. The Company is engaged in the business of acquisition, exploration and development of mineral properties located in the Maricunga Region, Chile. Its 100% owned Caspiche Project in Chile (with a 3% Net Smelter Royalty to Anglo American Chile Limitada) is a gold-copper porphyry system. The Company has three wholly owned subsidiaries: Sociedad Contractual Minera Eton Chile (Eton Chile), Sociedad Contractual Minera Retexe Chile (Retexe Chile) and Eton Mining Corp (Eton). Eton Chile and Retexe Chile are Chilean corporations, registered to conduct the Companys business in Chile. Eton is a British Columbia corporation, and is not active. As of December 31, 2013, Exeter had been granted 48 mining exploration concessions over the original concessions, vacant ground and those of third parties, totaling 13,400 hectare (ha).

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