After yesterday’s explosion, Creston Moly Corp. (CVE:CMS) stock opened the market today with a 2.53% pull back.
During yesterday’s trading session the shares of Creston Moly Corp. exploded, following the released increase in resources and the improved stripping ratio at the company’s El Creston molybdenum deposit in Mexico.
CMS shares draw on the chart their best performance in a one-year period, which may result in a share price correction after the news.
Even though hours after the first announcement Creston Moly Corp. made certain corrections in one of the tables with the presented professional information, investors’ enthusiasm to buy heavily CMS shares was not corrected.
CMS shares closed the market at $0.395, hinting at a new 52-week high. The volume traded was also the highest in a one-year time frame.[BANNER]
The periodically announced updates since the beginning of September improved not only the ratios related to the company’s deposits, but even those of its stock performance.
From the release date of the assay results of three diamond drill holes from the company’s Phase Three drill program at the El Creston molybdenum property up to yesterday CMS stock granted investors a 114% ROI (return on investment).
