$SYH.v showing signs of an incoming rebound. Taking into account that Skyharbour Resources (TSXV: SYH) is awaiting sampling results from the latest drill holes at Mann Lake, combined with the current oversold level of $SYH shares, a price correction could be in order.
It’s clear to see from the chart that shares haven’t been this oversold in quite some time, and every time they have we’ve seen a strong price rebound. This coupled with the fact shares are currently stabilizing near historic support is a great sign.
Drilling at Mann Lake remains on schedule and on budget, meaning we can expect updates from the company sooner than later. $SYH.v is currently trading at $.37 and valued at $48.95M.
https://ceo.ca/@nasdaq/skyharbours-partner-company-basin-uranium-corp-announces-f41bc