Could Pinetree Capital Ltd Gain Strenght? The Stock Reaches 52-Week Low

 Could Pinetree Capital Ltd Gain Strenght? The Stock Reaches 52 Week Low

The stock of Pinetree Capital Ltd (TSE:PNP) is a huge mover today! About 11,820 shares traded hands or 126.26% up from the average. Pinetree Capital Ltd (TSE:PNP) has declined 36.00% since April 15, 2016 and is downtrending. It has underperformed by 39.86% the S&P500.
The move comes after 9 months negative chart setup for the $11.81M company. It was reported on Nov, 21 by Barchart.com. We have $2.15 PT which if reached, will make TSE:PNP worth $1.65M less.

More notable recent Pinetree Capital Ltd (TSE:PNP) news were published by: Midasletter.com which released: “Pinetree Capital Ltd. CEO Sheldon Inwentash is Out in Default-induced Board …” on January 26, 2015, also Marketwired.com with their article: “Pinetree Capital Ltd. Announces Effective Date of Share Consolidation and …” published on July 14, 2016, Marketwired.com published: “Pinetree Capital Ltd. Announces Cure of Event of Default & Corporate Update” on November 09, 2015. More interesting news about Pinetree Capital Ltd (TSE:PNP) were released by: Marketwired.com and their article: “Pinetree Capital Ltd. Announces Closing of Rights Offering, Board and …” published on April 29, 2016 as well as Business.Financialpost.com‘s news article titled: “Mining financier Sheldon Inwentash departs Pinetree Capital in big shakeup” with publication date: January 27, 2015.

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 $11.81 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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