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Morning Alert: Katanga Mining continues significant downtrend; decreases 1.7% 23 March 2017 12:20 EDT

Mar 23, 2017 - News Bites Canadian Markets


Katanga Mining Limited (TSX:KAT), Canada's 58th largest Metals & mining company by market cap, extended its slide on Thursday, shedding an additional 0.50c (1.7%) to close at 29.50c. The shares have plummeted 4.50c (13.2%) over the past four trading days, compared with the S&P/TSX 60 Index which fell 3.5 points (0.4%) in the four days for a relative price change of -12.9%. Cumulative volume in the 4 days was 0.9 times the average 4-day volume of 620,628 shares.