Last days, Pele Mountain Resources Inc. stock (CVE:GEM), (PINK:PMNHF) took a step down and the price began slowly to decline. Over a period of four sessions, GEM lost about 9% of its value.
Current depreciation is neither significant, nor very worrying for Pele Mountains. We can notice it is quite typical for the stock when looking at its performance over the last three months.
GEM chart seems to follow a similar pattern – a big price jump, accompanied by a price gap, after which a period of slight…