Fortis Inc. (FTS) Reaches $33.15 After 4.00% Up Move; Asiamet Resources Limited (LON:ARS) Had 2 Bulls

February 16, 2018 - By Adrian Erickson

The stock of Fortis Inc. (NYSE:FTS) is a huge mover today! The stock increased 2.16% or $0.7 during the last trading session, reaching $33.15. About 207,327 shares traded. Fortis Inc. (NYSE:FTS) has risen 1.62% since February 16, 2017 and is uptrending. It has underperformed by 15.08% the S&P500.The move comes after 8 months positive chart setup for the $13.66B company. It was reported on Feb, 16 by Barchart.com. We have $34.48 PT which if reached, will make NYSE:FTS worth $546.44M more.

Among 2 analysts covering Asiamet Resources Limited (LON:ARS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Asiamet Resources Limited had 11 analyst reports since August 21, 2015 according to SRatingsIntel. VSA Capital maintained the shares of ARS in report on Wednesday, August 26 with “Speculative Buy” rating. On Wednesday, April 6 the stock rating was maintained by Beaufort Securities with “Speculative Buy”. The firm has “Speculative Buy” rating by Beaufort Securities given on Tuesday, March 29. Beaufort Securities maintained the shares of ARS in report on Friday, October 9 with “Speculative Buy” rating. The rating was maintained by VSA Capital with “Speculative Buy” on Tuesday, September 15. The firm has “Speculative Buy” rating by Beaufort Securities given on Thursday, October 22. Beaufort Securities maintained Asiamet Resources Limited (LON:ARS) on Wednesday, September 2 with “Speculative Buy” rating. The stock has “Speculative Buy” rating by VSA Capital on Friday, August 21. Beaufort Securities maintained the shares of ARS in report on Thursday, January 7 with “Speculative Buy” rating. The firm earned “Speculative Buy” rating on Tuesday, September 1 by VSA Capital. See Asiamet Resources Limited (LON:ARS) latest ratings:

Fortis Inc. operates as an electric and gas utility firm in Canada, the United States, and the Caribbean. The company has market cap of $13.66 billion. It generates, transmits, and distributes electricity to approximately 420,000 retail clients in a territory comprising approximately 2,991 square kilometers located in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county; and 95,000 retail clients in ArizonaÂ’s Mohave and Santa Cruz counties with an aggregate capacity of 2,994 megawatts comprising 54 MW of solar capacity. It has a 16.39 P/E ratio. The firm also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 994,000 clients in approximately 135 communities in British Columbia, Canada.

Asiamet Resources Limited engages in the acquisition, exploration, and development of mineral properties primarily in Indonesia. The company has market cap of 90.77 million GBP. It holds interests in the KSK copper project, a porphyry copper prospect, located in central Kalimantan; and the Beutong project that consists of copper-gold-molybdenum resources located in Aceh, Indonesia. It currently has negative earnings. The firm was formerly known as Kalimantan Gold Corporation Limited and changed its name to Asiamet Resources Limited in July 2015.

The stock increased 0.91% or GBX 0.095 during the last trading session, reaching GBX 10.595. About 105,121 shares traded. Asiamet Resources Limited (LON:ARS) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

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