The stock of Pinetree Capital Ltd (TSE:PNP) is a huge mover today! About 20,230 shares traded hands or 442.65% up from the average. Pinetree Capital Ltd (TSE:PNP) has risen 11.67% since April 1, 2016 and is uptrending. It has outperformed by 9.71% the S&P500.
The move comes after 9 months negative chart setup for the $12.36M company. It was reported on Nov, 8 by Barchart.com. We have $2.45 PT which if reached, will make TSE:PNP worth $1.73M less.
More notable recent Pinetree Capital Ltd (TSE:PNP) news were published by: Marketwatch.com which released: “Pinetree Capital Ltd. Provides Update of Its Beneficial Ownership of Common …” on August 26, 2016, also Marketwatch.com with their article: “Pinetree Capital Ltd. Announces Completion of Share Consolidation” published on July 20, 2016, Midasletter.com published: “Pinetree Capital Ltd. CEO Sheldon Inwentash is Out in Default-induced Board …” on January 26, 2015. More interesting news about Pinetree Capital Ltd (TSE:PNP) were released by: Marketwired.com and their article: “Pinetree Capital Ltd. Announces Effective Date of Share Consolidation and …” published on July 14, 2016 as well as Gurufocus.com‘s news article titled: “Pinetree Capital Ltd. Announces Election of Directors” with publication date: September 30, 2016.
Pinetree Capital Ltd. is an investment and merchant banking firm focused on the small-cap market, with early-stage investments in resource, biotechnology and technology companies. The company has a market cap of $12.36 million. The Company’s investment portfolio includes equities, warrants, and promissory notes and convertible debentures. It currently has negative earnings. The Company’s geographical segment is Canada.
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