Canadian Oil Recovery & Remediation Ente (CDX:CVR:CA) Adds 16.67% on February 7 to Lead TSX Venture Industrial Goods Sector
With an advance of 16.67%, Canadian Oil Recovery & Remediation Ente (CDX:CVR:CA) was one of the best performing industrial goods sector stocks listed on the TSX Venture on February 7. After closing the previous session at $0.03, shares of CVR:CA opened this morning at $0.035 and closed the day at $0.035. Throughout the day, about 20,000 shares changed hands, compared to an average 30-day volume of 20,717 for Canadian Oil Recovery & Remediation Ente. Shares moved as high as $0.035 and as low as $0.035 in today’s trading action.
The share appreciation gives the company a market capitalization of $5.09 million based upon 169.67 million shares outstanding.
In the past 52 weeks, shares of Canadian Oil Recovery & Remediation Ente have traded as low as $0.02 and as high as $0.08. Technical traders will take note that at $0.035, shares of CVR:CA are trading above their 50-day moving average (MA) at $0.028 and below their 200-day MA at below $0.036. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them or holding over them is typically regarded as bullish.
Who is $Cdn Oil R&R?
Canadian Oil Recovery & Remediation Enterprises Ltd provides oil waste management solutions to the petroleum industry. The company is led by its CEO John Lorenzo from its headquarters at 141 Adelaide Street West.
For more information on Cdn Oil R&R and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.
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About the TSX Venture Exchange
Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.
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Source: Financial Press News
(February 8, 2017 - 1:34 AM EST)
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