$.75 Price Target on MXI by Franklin IndependentMerrex Gold Inc Cant Burn Your Long Portfolio. Has Another Strong Session by Franklin Staff June 8, 2016 Merrex Gold Inc (CVE:MXI) is a huge mover today! The stock is up 2.04% or $0.005 after the news, hitting $0.25 per share. About 122,300 shares traded hands. Merrex Gold Inc (CVE:MXI) has risen 6.00% since May 9, 2016 and is uptrending. It has outperformed by 4.42% the S&P500. The move comes after 7 months positive chart setup for the $48.35M company. It was reported on Jun, 8 by Barchart.com. We have $0.75 PT which if reached, will make CVE:MXI worth $96.22 million more. Merrex Gold Inc. is a junior mineral exploration company. The company has a market cap of $48.35 million. The Firm is engaged in the business of acquiring, exploring and evaluating natural resource properties, and either joint venturing or developing these properties further or disposing of them when the evaluation has been completed. It currently has negative earnings. The Companys primary assets are its gold properties in West Mali, Africa and its Karita exploration authorization in Guinea and its zinc-lead properties in Nova Scotia, Canada (the Jubilee Project). https://www.franklinindependent.com/merrex-gold-inc-cant-burn-your-long-portfolio-has-another-strong-session/