ECU Silver Mining Inc. (ECU)
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The pending merger proposal doesn't seem to have affected the traders playing with ECU Silver Mining Inc. ( TSE:ECU ) (PINK:ECUXF) - share price gaped further down today. ECU stock continues to go down in a weird manner although things might soon change as the news on planned merger spread. The trading volume currently doesn't indicate the downtrend could extend very far either. Share price bounced the short term support at 95 cents today. It could gap further down tomorrow, however...read more
The disappointing year for the shares of ECU Silver Mining ( TSE:ECU ), (PINK:ECUXF) continues. Since the beginning of 2011, ECU has fallen by 46%. During the last days, the decline continues on large volumes and on no negative company announcements. Yesterday, the stock drowned to a six-month low of $0.72 on a large for the company turnover of 1.73M shares, exceeding the 30-day average trading volume. The decrease in the stock price has been significant over the last four weeks - ECU has...read more
The stock of ECU Silver Mining Inc. ( TSE:ECU ), (PINK:ECUXF) obviously needs something to boost its performance on the Toronto Stock Exchange (TSE). Having climbed to $1.10 in the beginning of the month, ECU seems presently unable to climb back beyond the $1 level. Yesterday, the shares finished at $0.90, staying unchanged from the previous close. The trading volume was not impressive either and remained below the average. Still, there are positive factors that might aid the stock for an...read more