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Lovitt Resources drops 3.6%, plummets 10.0% for week February 27, 2017 17:00 EST

Feb 27, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Lovitt Resources Inc. (TSXV:LRC.H), has dropped 0.50c (3.6%) from its last trading session of February 24 to close at 13.50c. Compared with the S&P/TSX 60 Index which fell 2.5 points (0.3%) in the day, the relative price change was -3.3%. The fall was exacerbated by spectacular volume of 6.2 times the average daily volume of 1,616 shares. The stock plummeted 10.0% in the past week.

SECTION 1

LOVITT RESOURCES BEARISH SIGNALS

1.1 Technicals:

+ Compared with the S&P/TSX 60 Index which fell 2.4% for the week, this represented a relative price decrease for Lovitt Resources stock of 7.6% for the we...