Gold Standard Ventures Corp (NYSE:GSV) is now up 21.6% compared to a 12-month low of $1.25. We have seen the price to move 16.92% higher and get settled at $1.52 on 11/07/2017. At recent session, it appeared stuck in a range of $1.32 to $1.52. This company shares are 66.45% off its target price of $2.53 and the current market capitalization stands at $0. The recent change has given its price a -6.4% deficit over SMA 50 and -48.47% deficit over its 52-week high. The stock witnessed -8.43% declines, -8.43% declines and -0.65% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GSV’s volatility during a week at 7.44% and during a month it has been found around 5.29%.
The company recently announced results from 11 exploration and infill holes at the Dark Star oxide gold deposit on its 100%-owned/controlled Railroad Project in Nevada’s Carlin Trend. These drill holes are a portion of Gold Standard’s 2017 US$15.5 million program which includes up to 48,800 m of reverse-circulation (RC) and core drilling in 117 holes (see February 2, 2017 news release). The infill drilling is designed to reduce drill spacing in critical portions of Dark Star to 30m. Recent results either confirm or outperform the current resource block model.
Infill core hole DS17-20 intersected 136.0m of 2.67 g Au/t approximately 30m north of DS16-03B (101.2m of 1.54 g Au/t) and approximately 90m south of DS16-08 (126.2m of 4.07 g Au/t). These new results are expected to significantly improve the grade of the current block model in the northern portion of Dark StarGold Standard Ventures Corp 13F Filings
At the end of 06/30/2017 reporting period, 23 institutional holders increased their position in Gold Standard Ventures Corp (NYSE:GSV) by some 4,989,503 shares, 13 decreased positions by 13,464,360 and 14 held positions by 15,224,555. That puts total institutional holdings at 33,678,418 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 2,566,180 shares while 5 institutional investors sold out their entire positions totaling 129,449 shares.
Not many analysts have released their opinion on Gold Standard Ventures Corp (NYSE:GSV), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.