What’s IBC Advanced Alloys Corp Downside After Today’s Huge Decline?

 What's IBC Advanced Alloys Corp Downside After Today's Huge Decline?

The stock of IBC Advanced Alloys Corp (CVE:IB) is a huge mover today! About 50,030 shares traded hands or 61.24% up from the average. IBC Advanced Alloys Corp (CVE:IB) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 6 months negative chart setup for the $14.50 million company. It was reported on Nov, 30 by Barchart.com. We have $0.45 PT which if reached, will make CVE:IB worth $1.02 million less.

More recent IBC Advanced Alloys Corp (CVE:IB) news were published by: Seekingalpha.com which released: “IBC Advanced Alloys (IAALF) Corporate Update Conference (Transcript)” on June 23, 2016. Also Midasletter.com published the news titled: “IBC Advanced Alloys Corp CEO Anthony Dutton on Lockheed Martin Deal” on July 22, 2015. Midasletter.com‘s news article titled: “IBC Advanced Alloys CEO Anthony Dutton on Supplying Lockheed Martin, Kaman …” with publication date: July 14, 2015 was also an interesting one.

IBC Advanced Alloys Corp. is an alloys and precision castings company. The company has a market cap of $14.50 million. The Firm is engaged in developing and manufacturing alloys, including beryllium-aluminum alloys and specialty copper alloys. It currently has negative earnings. The Company’s divisions include Copper Alloys, Engineered Materials and Corporate.

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