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Monthly: Grenville Strategic Royalty drops 21.2% on high volatility

Feb 28, 2017 - News Bites Canadian Markets


Grenville Strategic Royalty (TSXV:GRC), Canada's 81st largest Bank by market cap, traded between an intra-month high of 18.0c and a four-month low of 12.50c. In February its volatility (highest price minus lowest price/lowest price) of 44.0% was 0.85 times average monthly volatility of 52.1%, up from 16.1% in January and 35.7% in December. The share price plummeted 3.50c (or 21.2%) in the trailing month to close at 13.0c. Compared with the S&P/TSX 60 Index whi...