Powered by

First Bauxite plummets 16.7% February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

First Bauxite Corporation (TSXV:FBX) has plummeted 1.0c (16.7%) from its last trading session of February 01 to close at 5.0c. Compared with the S&P/TSX 60 Index which fell 2.3 points (0.2%) in the day, the relative price change was -16.4%. The volume was 0.5 times the average trading volume of 18,223 shares.

SECTION 1

FIRST BAUXITE BEARISH SIGNALS

1.1 Fundamentals:

+ Price/Sales of 3.7 [2.8].

Overvaluation [compared with sector...