Powered by
Platinex trading at strong volume February 01, 2017 17:00 EST
Feb 1, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Platinex Inc. (TSXV:PTX) closed unchanged at 19.50c. The volume was 3.0 times the average trading volume of 251,618 shares.

SECTION 1

PLATINEX BEARISH SIGNALS

1.1 Fundamentals:

+ Return on Assets and Return on Equity have shown signs of deterioration in recent years. [Year ended, all figures in %]

+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 8.2. Compared with the rest of the market the stock is overvalued a

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 10 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox