What Next for Leading Edge Materials Corp Stock After Today’s Huge Increase?


The stock of Leading Edge Materials Corp (CVE:LEM) is a huge mover today! About 66,810 shares traded hands or 47.18% up from the average. Leading Edge Materials Corp (CVE:LEM) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months positive chart setup for the $36.54M company. It was reported on Sep, 13 by Barchart.com. We have $0.70 PT which if reached, will make CVE:LEM worth $21.92M more.

Leading Edge Materials Corp, formerly Flinders Resources Ltd, is a junior exploration company. The company has a market cap of $36.54 million. The Firm is engaged in the operation of its Woxna Graphite Mine located in central Sweden. It currently has negative earnings. The Woxna Project is located over eight kilometers west-north-west of the town of Edsbyn, northwest of the city of Gavle in Central Sweden.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply