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Petrolia drops 2.9% February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Petrolia Inc. (TSXV:PEA), Canada's 100th largest Oil & gas - exploration & production company by market cap, has dropped 0.50c (2.9%) from its last trading session of February 27 to close at 16.50c. Compared with the S&P/TSX 60 Index which fell 4.8 points (0.5%) in the day, the relative price change was -2.4%. The volume was 0.3 times the average daily trading volume of 224,254 shares.

SECTION 1

PETROLIA BEARISH SIGNALS

1.1 Fundamentals:

+ Return on Assets and Return on Equity have shown signs of deterioration in recent years. [Year ended, all figures in %...