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Vela Minerals tumbles 9.1% March 21, 2017 17:00 EDT
Mar 21, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Vela Minerals Ltd. (TSXV:VLA) has tumbled 0.50c (9.1%) from its last trading session of March 08 to close at 5.0c. Compared with the S&P/TSX 60 Index which fell 7.8 points (0.9%) in the day, the relative price change was -8.2%.

SECTION 1

VELA MINERALS BEARISH SIGNALS

1.1 Fundamentals:

+ Return on Assets and Return on Equity has been negative in recent years. [Year ended, all figures in %]

+ Tobin's Q Ratio, defined as MCap di

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