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Gear Energy drops 3.0%, 2 days' volume in a day February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Gear Energy Ltd. (TSX:GXE), Canada's 45th largest Oil & gas - exploration & production company by market cap, has dropped 3.0c (3.0%) from its last trading session of February 03 to close at 97.0c. Compared with the S&P/TSX 60 Index which fell 2.3 points (0.2%) in the day, the relative price change was -2.8%. The fall was exacerbated by robust volume of 1.7 times the average daily volume of 362,104 shares.

SECTION 1

GEAR ENERGY BEARISH SIGNALS

1.1 Fundamentals...