Powered by lexis nexis

Afternoon Alert: UrtheCast jumps 9.4%; leads Online media sector higher 01 March 2017 13:57 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

UrtheCast Corp. (TSX:UR), Canada's 2nd largest Online media company by market cap, has soared 20.0c (11.1%) from its last trading session of February 28 to close at CAD2.0. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price increase was 9.9%. The rise has been propped up by strong volume of 3.1 times the average daily volume of 424,264 shares.

SECTION 1

URTHECAST BULLISH SIGNALS

1.1 Fundamentals:

+ The company is cash rich with Cash to Market Capitalisation at 28...