Wall Street Signals: How Analysts Feel About Elcora Advanced Materials Corp After Today’s Huge Decline?

How Analysts Feel About Elcora Advanced Materials Corp After Today’s Huge Decline?

The stock of Elcora Advanced Materials Corp (CVE:ERA) is a huge mover today! About 64,150 shares traded hands. Elcora Advanced Materials Corp (CVE:ERA) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.

The move comes after 9 months negative chart setup for the $23.21 million company. It was reported on Dec, 1 by Barchart.com. We have $0.29 PT which if reached, will make CVE:ERA worth $1.39M less.

More notable recent Elcora Advanced Materials Corp (CVE:ERA) news were published by: Investorintel.com which released: “Elcora Advanced Materials moves towards the manufacturing of engineered …” on November 25, 2016, also Juniorminingnetwork.com with their article: “Elcora’s Graphene Corp Begins Graphene Shipments” published on October 26, 2016, Investorintel.com published: “Tesla news bolsters confidence in Canadian graphite project” on December 01, 2016. More interesting news about Elcora Advanced Materials Corp (CVE:ERA) were released by: Reuters.com and their article: “BRIEF-Thyssenkrupp agrees exclusive graphite deal with Elcora” published on February 23, 2016 as well as Investorintel.com‘s news article titled: “Elcora – fully committed to battery production, nuclear grade graphite and …” with publication date: January 18, 2016.
Elcora Advanced Materials Corp, formerly Elcora Resources Corp., is an exploration-stage company, which mines, processes, refines graphite and produces both the graphene and end graphene applications. The company has a market cap of $23.21 million. It is engaged in the acquisition and exploration for minerals, primarily graphite. It currently has negative earnings. The Company’s graphene production facility is in the Canadian city of Halifax, Nova Scotia to supply premium quality graphene.