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El Nino Ventures plummets 22.2% on strong volume March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

El Nino Ventures Inc. (TSXV:ELN) has plummeted 1.0c (22.2%) from its last trading session of February 28 to close at 3.50c. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price change was -23.4%. The fall was exacerbated by strong volume of 3.1 times the average daily volume of 53,315 shares.

SECTION 1

EL NINO VENTURES BEARISH SIGNALS

1.1 Fundamentals:

+ Total Liabilities/EBITDA of 6.7 which ...