The stock of Elcora Advanced Materials Corp (CVE:ERA) is a huge mover today! About 94,100 shares traded hands or 25.70% up from the average. Elcora Advanced Materials Corp (CVE:ERA) has risen 6.00% since September 28, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.
The move comes after 9 months negative chart setup for the $26.04 million company. It was reported on Oct, 28 by Barchart.com. We have $0.32 PT which if reached, will make CVE:ERA worth $2.86 million less.
More notable recent Elcora Advanced Materials Corp (CVE:ERA) news were published by: Investorintel.com which released: “Elcora – fully committed to battery production, nuclear grade graphite and …” on January 18, 2016, also Reuters.com with their article: “BRIEF-Thyssenkrupp agrees exclusive graphite deal with Elcora” published on February 23, 2016, Investorintel.com published: “Troy Grant on Elcora Resources’ graphite to graphene processing technology” on January 25, 2016. More interesting news about Elcora Advanced Materials Corp (CVE:ERA) were released by: Investorintel.com and their article: “Elcora announces first shipment of processed graphite” published on October 05, 2016 as well as Juniorminingnetwork.com‘s news article titled: “Elcora Resources Announces First Shipment of Processed Graphite” with publication date: October 04, 2016.
Elcora Advanced Materials Corp, formerly Elcora Resources Corp., is an exploration-stage company, which mines, processes, refines graphite and produces both the graphene and end graphene applications. The company has a market cap of $26.04 million. It is engaged in the acquisition and exploration for minerals, primarily graphite. It currently has negative earnings. The Company’s graphene production facility is in the Canadian city of Halifax, Nova Scotia to supply premium quality graphene.
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