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Vendetta Mining plummets 12.2% on extraordinary volume February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Vendetta Mining Corp. (TSXV:VTT) has plummeted 3.0c (12.2%) from its last trading session of January 31 to close at 21.50c. The fall was exacerbated by extraordinary volume of 3.9 times the average daily volume of 194,699 shares.

SECTION 1

VENDETTA MINING BEARISH SIGNALS

1.1 Fundamentals:

+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 6.5. Compared with the rest of the market the stock is overvalued and ranks in the bo...