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Omni-Lite Industries Canada rises 5.1% on high volatility February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets


Omni-Lite Industries Canada Inc. (TSXV:OML), Canada's 104th largest Oil & gas - exploration & production company by market cap, traded between an intraday low of CAD1.60 and a high of CAD1.65. The price range has expanded in the last two days (from 2.0c two days ago to 5.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 2.5% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Tod...