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Kapuskasing Gold plummets 16.7% February 27, 2017 17:00 EST

Feb 27, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Kapuskasing Gold Corp. (TSXV:KAP) has plummeted 0.50c (16.7%) from its last trading session of February 24 to close at 2.50c. Compared with the S&P/TSX 60 Index which fell 2.5 points (0.3%) in the day, the relative price change was -16.4%. The volume was 0.8 times the average daily trading volume of 107,650 shares.

SECTION 1

KAPUSKASING GOLD BEARISH SIGNALS

1.1 Fundamentals:

+ Price to Book of 1.9 [1.3].

Overvaluation [compared ...