Is Leading Edge Materials Corp’s Fuel Running Low? The Stock Just Declined Again

 Is Leading Edge Materials Corp's Fuel Running Low? The Stock Just Declined Again

The stock of Leading Edge Materials Corp (CVE:LEM) is a huge mover today! About 56,042 shares traded hands. Leading Edge Materials Corp (CVE:LEM) has risen 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
The move comes after 8 months negative chart setup for the $40.08 million company. It was reported on Nov, 11 by Barchart.com. We have $0.44 PT which if reached, will make CVE:LEM worth $5.21 million less.

More notable recent Leading Edge Materials Corp (CVE:LEM) news were published by: Marketwired.com which released: “Leading Edge Materials Expands in Critical Raw Materials Sector” on August 29, 2016, also Marketwatch.com with their article: “Leading Edge Materials Stakes the Vena Cobalt Project in Sweden” published on November 02, 2016, Marketwatch.com published: “Leading Edge Materials Announces Grant of Stock Options” on October 14, 2016. More interesting news about Leading Edge Materials Corp (CVE:LEM) were released by: Investingnews.com and their article: “Leading Edge Materials Partners with the LEAP Synergy Project in Sweden” published on October 21, 2016 as well as Marketwired.com‘s news article titled: “Leading Edge Materials Commences Trading on OTCQB” with publication date: September 02, 2016.

Leading Edge Materials Corp, formerly Flinders Resources Ltd, is a junior exploration company. The company has a market cap of $40.08 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.

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