Is MCW Energy Group Ltd a Buy? The Stock Rises Again


 Is MCW Energy Group Ltd a Buy? The Stock Rises Again

The stock of MCW Energy Group Ltd (CVE:MCW) is a huge mover today! About 192,261 shares traded hands. MCW Energy Group Ltd (CVE:MCW) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 9 months positive chart setup for the $64.74M company. It was reported on Oct, 17 by We have $0.90 PT which if reached, will make CVE:MCW worth $128.83 million more.

More notable recent MCW Energy Group Ltd (CVE:MCW) news were published by: which released: “MCW Energy Group – The Lowest Cost Oil Producer In North America (MCWEF)” on May 14, 2015, also with their article: “MCW Energy Group (TSXV: MCW) Soars 108%, Tops the Ubika Sustainability 20” published on October 17, 2016, published: “S&P Capital IQ Initiates Coverage on MCW Energy Group Limited in S&P Capital …” on November 25, 2015. More interesting news about MCW Energy Group Ltd (CVE:MCW) were released by: and their article: “MCW Energy Group Announces Amendment of Debentures and Shares for Debt Transaction” published on October 04, 2016 as well as‘s news article titled: “Alex Blyumkin Announces Acquisition of Common Shares of MCW Energy Group Limited” with publication date: January 21, 2016.

MCW Energy Group Limited is a Canada holding company. The company has a market cap of $64.74 million. The Firm is focused on value creation of its technologies for the extraction of oil from oil sands and oil shale deposits, with a focus on Utah and its oil sands lease in Asphalt Ridge. It currently has negative earnings. MCW Energy CA, Inc. is the subsidiary of the Company, which owns subsidiary companies, MCW Oil Sands and TMC Capital LLC.

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