The stock of Cancana Resources Corp (CVE:CNY) is a huge mover today! About 38,000 shares traded hands or 34.34% up from the average. Cancana Resources Corp (CVE:CNY) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 8 months positive chart setup for the $30.72M company. It was reported on Nov, 25 by Barchart.com. We have $0.42 PT which if reached, will make CVE:CNY worth $1.54M more.
More notable recent Cancana Resources Corp (CVE:CNY) news were published by: Juniorminingnetwork.com which released: “Cancana Resources Corp. Enters Into Arrangement Agreement to Reorganize Structure” on October 03, 2016, also Mining.com with their article: “Cancana Resources issued a cease trade order” published on June 28, 2013, Investorintel.com published: “Cancana Resources – Production Trumps Inaction” on September 16, 2015. More interesting news about Cancana Resources Corp (CVE:CNY) were released by: Investorintel.com and their article: “Cancana Resources â€“ Ramping Up Manganese Mining in Brazil” published on January 20, 2016 as well as Investorintel.com‘s news article titled: “The agricultural (and investment) micronutrient advantage of Cancana manganese” with publication date: November 16, 2015.
Cancana Resources Corp. is an exploration-stage company. The company has a market cap of $30.72 million. The Firm is engaged in the business of sourcing mineral properties and exploring them through drilling and research in order to prove up a resource reserve. It currently has negative earnings. The Firm is focused on the manganese production in Brazil.
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