Powered by

Minecorp Energy soars 13.6% on high volume March 22, 2017 17:00 EDT

Mar 22, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Minecorp Energy Ltd. (TSXV:MCE), Canada's 7th largest Coal company by market cap, has soared 1.50c (13.6%) from its last trading session of March 20 to close at 12.50c. Compared with the S&P/TSX 60 Index which rose 3.1 points (0.3%) in the day, the relative price increase was 13.3%. The rise has been propped up by high volume of 2.0 times the average daily volume of 13,045 shares.

SECTION 1

MINECORP ENERGY BULLISH SIGNALS

1.1 Technicals:

+ The present value of CAD1,000 (PV1000) invested one year ago in Minecorp Energy is CAD1,786, for a capital gain of CAD786....