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Weekly: Eclipse Residential Mortgage Investment lifts 2.9% in 2 weeks; nears two-month high

Feb 03, 2017 - News Bites Canadian Markets


Eclipse Residential Mortgage Investment Corporation (TSX:ERM), Canada's 68th largest Asset Management company by market cap, traded near it's two-month high. It increased 18.0c (or 1.8%) in the past week to close at CAD10.01. The stock lifted for a second week recording a rise of 28.0c (or 2.9%) in the past two weeks. Compared with the S&P/TSX 60 Index which fell 7.7 points (or 0.8%) in the two weeks, this represented a relative price increase of 3.7%. The volu...