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Newport Exploration plummets 11.1% on extraordinary volume March 03, 2017 17:00 EST
Mar 3, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Newport Exploration Ltd. (TSXV:NWX) has plummeted 3.0c (11.1%) from its last trading session of March 01 to close at 24.0c. Compared with the S&P/TSX 60 Index which rose 4.4 points (0.5%) in the day, the relative price change was -11.6%. The fall was exacerbated by extraordinary volume of 4.4 times the average daily volume of 56,367 shares.

SECTION 1

NEWPORT EXPLORATION BEARISH SIGNALS

1.1 Fundamentals:

+ Tobin's Q Ratio, defined as M

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