In sliding 6.67%, RT Minerals Corp. (CDX:RTM:CA) was one of the worst performing stocks in the miscellaneous sector of the TSX Venture Exchange on February 16. After closing the previous session at $0.075, shares of RTM:CA opened this morning at $0.07 and closed the day at $0.07. Throughout the day, about 15,500 shares changed hands, compared to an average 30-day volume of 108,801 for RT Minerals Corp.. Shares moved as high as $0.075 and as low as $0.07 in today’s trading action.
The share depreciation gives the company a market capitalization of $1.57 million based upon 20.92 million shares outstanding.
In the past 52 weeks, shares of RT Minerals Corp. have traded as low as $0.05 and as high as $0.3. Technical traders will take note that at $0.07, shares of RTM:CA are trading below their 50-day moving average (MA) at $0.081 and below their 200-day MA at below $0.127. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.
Who is $RT Mnrls?
RT Minerals Corp is an exploration stage company engaged in the business of exploring and evaluation of mineral properties in Canada. The Company project portfolio includes; Bazooka and Mcwatters Properties. The company is led by its CEO Paul Antoniazzi from its headquarters at 300-555 West Georgia Street.
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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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