Could MCW Energy Group Ltd Gain Strenght? The Stock Reaches 52-Week Low

 Could MCW Energy Group Ltd Gain Strenght? The Stock Reaches 52 Week Low

The stock of MCW Energy Group Ltd (CVE:MCW) is a huge mover today! About 46,557 shares traded hands. MCW Energy Group Ltd (CVE:MCW) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 6 months negative chart setup for the $46.70 million company. It was reported on Nov, 17 by Barchart.com. We have $0.23 PT which if reached, will make CVE:MCW worth $4.67M less.

More news for MCW Energy Group Ltd (CVE:MCW) were recently published by: Seekingalpha.com, which released: “MCW Energy Group – The Lowest Cost Oil Producer In North America (MCWEF)” on May 14, 2015. Marketwatch.com‘s article titled: “Alex Blyumkin Announces Acquisition of Common Shares of MCW Energy Group Limited” and published on January 21, 2016 is yet another important article.

MCW Energy Group Limited is a Canada holding company. The company has a market cap of $46.70 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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