What’s Ahead for Nano One Materials Corp After Today’s Huge Decline?


The stock of Nano One Materials Corp (CVE:NNO) is a huge mover today! The stock decreased 8.33% or $0.045 on September 13, hitting $0.495. About 92,726 shares traded hands or 67.25% up from the average. Nano One Materials Corp (CVE:NNO) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $31.23 million company. It was reported on Sep, 13 by Barchart.com. We have $0.43 PT which if reached, will make CVE:NNO worth $4.06 million less.

Nano One Materials Corp, formerly Dundarave Resources Inc, is a Canada firm engaged in developing processing technology for the production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The company has a market cap of $31.23 million. The Firm operates through developer of patent pending technology for the production of nanostructured materials segment. It currently has negative earnings. The Firm is developing a portfolio of technologies for applications in markets that include energy storage, specialty ceramics, pharmaceutical, semiconductors, aerospace, dental, catalysts and communications.

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