Is Elcora Advanced Materials Corp’s Fuel For Real? The Stock Just Increased Again

 Is Elcora Advanced Materials Corp's Fuel For Real? The Stock Just Increased Again

The stock of Elcora Advanced Materials Corp (CVE:ERA) is a huge mover today! About 38,500 shares traded hands. Elcora Advanced Materials Corp (CVE:ERA) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months positive chart setup for the $24.60 million company. It was reported on Nov, 7 by Barchart.com. We have $0.76 PT which if reached, will make CVE:ERA worth $30.26M more.

More notable recent Elcora Advanced Materials Corp (CVE:ERA) news were published by: Finance.Yahoo.com which released: “Elcora and Graphite Companies Announce Spherical Graphite Test Facility Begins …” on October 27, 2016, also Investorintel.com with their article: “Elcora outlines its strategy to become a world graphene leader” published on June 15, 2016, Investorintel.com published: “Elcora – fully committed to battery production, nuclear grade graphite and …” on January 18, 2016. More interesting news about Elcora Advanced Materials Corp (CVE:ERA) were released by: Investorintel.com and their article: “Troy Grant on Elcora Resources’ graphite to graphene processing technology” published on January 25, 2016 as well as Investorintel.com‘s news article titled: “Elcora announces first shipment of processed graphite” with publication date: October 05, 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 $24.60 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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