Fundamentals are still strong for ORE and the industry in general and still believe in this stock, but last 12 months has had a stellar run, and still not making any money (-30 mill in 2016), so would expect a pull back to at least 3.60, if fall back below 3.60 believe next support $3.24. I don't think we will go under $3 but remember they aren't making any money (Yet) and from my calculations need to be making $35 mill/ year profit to justify their current valuation, so a lot of growth is already priced in .
ORE Price at posting:
$3.73 Sentiment: Hold Disclosure: Held