The stock of Canadian Zeolite Corp (CVE:CNZ) reached all time high today, Nov, 8 and still has $0.94 target or 74.00% above today’s $0.54 share price. This indicates more upside for the $12.51 million company. This technical setup was reported by Barchart.com. If the $0.94 PT is reached, the company will be worth $9.26 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 379,979 shares traded hands or 188.44% up from the average. Canadian Zeolite Corp (CVE:CNZ) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
More important recent Canadian Zeolite Corp (CVE:CNZ) news were published by: Marketwatch.com which released: “Canadian Zeolite Corp.” on November 07, 2016, also Stockhouse.com published article titled: “Canadian Zeolite Becomes Exclusive Provider to Canada’s Leading Distributor of …”, Stockhouse.com published: “Canadian Zeolite Announces National Distribution Deal with Bella Turf for …” on October 25, 2016. More interesting news about Canadian Zeolite Corp (CVE:CNZ) was released by: Juniorminingnetwork.com and their article: “Canadian Zeolite Appoints Dr. Gerardo Rodrigues-Fuentes as an Advisor” with publication date: October 06, 2016.
Canadian Zeolite Corp, formerly Canadian Mining Co Inc, is a Canada company, which is engaged in the evaluation, acquisition, exploration, development and operation of mineral properties in British Columbia and Arizona, the United States. The company has a market cap of $12.51 million. In British Columbia, the Company has interests in Bromley Creek zeolite project, which consists of a total of approximately one mineral lease and approximately six mineral claims. It currently has negative earnings. The Firm holds a contiguous claim, 305975, which is located in the Similkameen Mining District of British Columbia.
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