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Home / Market Movers / Cannabis Stock Laggard: Enertopia Corp (ENRT) Sheds 11.24% in Early Trading on June 15

Cannabis Stock Laggard: Enertopia Corp (ENRT) Sheds 11.24% in Early Trading on June 15

Enertopia Corp (ENRT) is coming out weak in the morning trading session on June 15, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 11.24%. After closing the previous session at $0.0169, shares of ENRT opened this morning at $0.015 and are trading at $0.015 shortly after the opening bell. So far, about 670 shares have changed hands, compared to an average of 30-day volume of 126,141 for Enertopia Corp. Shares moved as high at $0.015 and as low as $0.015 in today’s early action.

The share depreciation gives the company a market capitalization of $1.21 million based upon 71.61 million shares outstanding.

In the past 52 weeks, shares of Enertopia Corp have traded as low as $0.0055 and as high as $0.04. Technical traders will take note that at $0.015, shares of ENRT are trading below their 50-day moving average (MA) at $0.016 and below their 200-day MA at $0.016. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is Enertopia?

Enertopia Corp is engaged in the production, cultivation and selling of medical marijuana.. The company is led by its CEO Christopher Bunka from its headquarters in Vancouver, BC.


For more information on Enertopia and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.

All data provided by QuoteMedia and was accurate as of 9:00AM ET.

About PotNetwork.com

PotNetwork.com is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of PotNetwork.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://potnetwork.com/legal-disclaimer/.

About Jeremy Wilchek

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