Could Leading Edge Materials Corp See a Reversal After This Very Strong Session?

 Could Leading Edge Materials Corp See a Reversal After This Very Strong Session?

The stock of Leading Edge Materials Corp (CVE:LEM) is a huge mover today! About 40,044 shares traded hands. Leading Edge Materials Corp (CVE:LEM) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 6 months positive chart setup for the $42.24M company. It was reported on Nov, 14 by Barchart.com. We have $1.69 PT which if reached, will make CVE:LEM worth $82.79M more.

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, Investingnews.com published: “The Newly-Formed Leading Edge Materials (TSX-V: LEM) Is a One-Stop-Shop in the …” on September 22, 2016. More interesting news about Leading Edge Materials Corp (CVE:LEM) were released by: Finance.Yahoo.com and their article: “Flinders and Tasman Announce Closing of the Arrangement; Name Change to …” published on August 25, 2016 as well as Marketwatch.com‘s news article titled: “Leading Edge Materials Announces Grant of Stock Options” with publication date: October 14, 2016.

Leading Edge Materials Corp, formerly Flinders Resources Ltd, is a junior exploration company. The company has a market cap of $42.24 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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