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Morning Alert: Eagle Energy in 2nd consecutive fall, nears a 19-month low 15 March 2017 12:19 EDT

Mar 15, 2017 - News Bites Canadian Markets


Eagle Energy Inc. (TSX:EGL), Canada's 93rd largest Oil & gas - exploration & production company by market cap, extended its slide on Wednesday, shedding an additional 5.0c (9.3%) to close at 49.0c. The shares have plummeted 22.0c (31.0%) over the past two trading days, compared with the S&P/TSX 60 Index which fell 3.5 points (0.4%) in the two days for a relative price change of -30.6%. The fall was exacerbated by a cumulative 2-day volume of 7.1 times the averag...