What’s MBAC Fertilizer Corp Downside After Today’s Huge Decline?

 What's MBAC Fertilizer Corp Downside After Today's Huge Decline?

The stock of MBAC Fertilizer Corp (CVE:MBC) is a huge mover today! About 10,711 shares traded hands. MBAC Fertilizer Corp (CVE:MBC) has risen 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 5 months negative chart setup for the $2.47M company. It was reported on Nov, 22 by Barchart.com. We have $1.49 PT which if reached, will make CVE:MBC worth $148,200 less.

More notable recent MBAC Fertilizer Corp (CVE:MBC) news were published by: Marketwatch.com which released: “TSX Delisting Review – MBAC Fertilizer Corp. (symbol:MBC MBC.WT)” on April 06, 2016, also Marketwatch.com with their article: “TSX Delisting Review – MBAC Fertilizer Corp. (symbol:MBC and MBC.WT)” published on June 24, 2016, Reuters.com published: “BRIEF-MBAC Fertilizer announces court approval of Brazilian restructuring …” on September 07, 2016. More interesting news about MBAC Fertilizer Corp (CVE:MBC) were released by: Benzinga.com and their article: “MBAC Fertilizer Corp. Acquires Shares of GB Minerals Ltd.” published on October 29, 2016 as well as Reuters.com‘s news article titled: “BRIEF-MBAC Fertilizer announces filing under companies’ creditors arrangem…” with publication date: August 04, 2016.

MBAC Fertilizer Corp. is a Canada-based company, which is engaged in the mining, production and exploration of phosphate fertilizers in the Brazilian market. The company has a market cap of $2.47 million. The Firm operates the Itafos Arraias Single Super Phosphate Operations. It currently has negative earnings. The Company’s divisions include Operations, Development and Exploration, and Corporate.

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