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Zargon Oil & Gas drops 3.8% February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Zargon Oil & Gas Ltd. (TSX:ZAR), Canada's 96th largest Oil & gas - exploration & production company by market cap, has dropped 3.0c (3.8%) from its last trading session of January 31 to close at 75.0c. The volume was 0.2 times the average trading volume of 105,317 shares.

SECTION 1

ZARGON OIL & GAS BEARISH SIGNALS

1.1 Fundamentals:

+ Revenue growth rate has shown signs of deterioration in recent years. [Year ended, all figures in %]

1.2 Techni...