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Savary Gold in its biggest weekly loss in 3 weeks February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Savary Gold Corp. (TSXV:SCA), has sunk 0.50c (5.0%) from its last trading session of February 03 to close at 9.50c. Compared with the S&P/TSX 60 Index which fell 2.3 points (0.2%) in the day, the relative price change was -4.8%. The volume was 0.3 times the average trading volume of 398,162 shares. In the past week the shares have sunk 5.0%, the biggest weekly fall since January 13.

SECTION 1

SAVARY GOLD BEARISH SIGNALS

1.1 Fundamentals:

+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.2. Compared with the rest of the market the stock is overvalued...