The stock of PharmaCan Capital Corp (CVE:MJN) is a huge mover today! About 186,325 shares traded hands. PharmaCan Capital Corp (CVE:MJN) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 9 months negative chart setup for the $131.61M company. It was reported on Nov, 3 by Barchart.com. We have $0.95 PT which if reached, will make CVE:MJN worth $18.43 million less.
More notable recent PharmaCan Capital Corp (CVE:MJN) news were published by: Marketwatch.com which released: “Moshe Azogui Announces Increase in Equity Interest in PharmaCan Capital Corp.” on June 08, 2016, also Midasletter.com with their article: “PharmaCan Capital Corp (TSX.V:MJN) CEO Paul Rosen Interview and Podcast” published on February 20, 2015, Marketwired.com published: “PharmaCan Acquires Peace Naturals Project Inc.” on September 06, 2016. More interesting news about PharmaCan Capital Corp (CVE:MJN) were released by: Marketwired.com and their article: “PharmaCan Capital Corp. to Open Toronto Stock Exchange” published on January 13, 2015 as well as Marketwired.com‘s news article titled: “PharmaCan Capital Corp. Announces Mortgage Financing Relating to In The Zone …” with publication date: February 05, 2015.
PharmaCan Capital Corp., formerly Searchtech Ventures Inc., is a merchant bank, which is focused on investing in Canada’s medical marijuana industry. The company has a market cap of $131.61 million. The Firm is engaged in the business of investing in companies either licensed or seeking a license to produce medical marijuana. It currently has negative earnings. The Firm operates through two divisions: Investing Segment and Operating Segment.
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