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Morien Resources soars 12.2% on firm volume February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Morien Resources Corp. (TSXV:MOX), Canada's 4th largest Coal company by market cap, has soared 6.0c (12.2%) from its last trading session of February 27 to close at 55.0c. Compared with the S&P/TSX 60 Index which fell 4.8 points (0.5%) in the day, the relative price increase was 12.8%. The rise has been propped up by firm volume of 1.3 times the average daily volume of 75,219 shares.

SECTION 1

MORIEN RESOURCES BULLISH SIGNALS

1.1 Fundamentals:

+ Return on Assets and Return on Equity are negative but improving in recent years. [Year ended, all figure...