The stock of Canadian Zeolite Corp (CVE:CNZ) hit a new 52-week high and has $1.00 target or 5.00% above today’s $0.95 share price. The 6 months bullish chart indicates low risk for the $23.78M company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $1.00 price target is reached, the company will be worth $1.19M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 244,371 shares traded hands. Canadian Zeolite Corp (CVE:CNZ) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
Another recent and important Canadian Zeolite Corp (CVE:CNZ) news was published by Marketwatch.com which published an article titled: “Canadian Zeolite Corp.” on November 07, 2016.
Canadian Zeolite Corp., formerly Canadian Mining Company Inc., is an exploration-stage 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 $23.78 million. The Company’s property interest is its Bromley Creek Zeolite Project, which consists of a mineral lease and over six mineral claims. It currently has negative earnings. The Company’s mineral claims include Bromley #4, Bromley #5, Bromley #6, Bromley #1, Bromley #2 and Bromley #3.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.