MediaValet Inc. (MVP) Declines -14.29% on Mar 11

The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May.

Shares of MediaValet Inc. (CVE:MVP) last traded at 0.03, representing a move of -14.29%, or -0.005 per share, on volume of 97,000 shares. After opening the trading day at 0.03, shares of MediaValet Inc. traded in a close range. MediaValet Inc. currently has a total float of 230.90M shares and on average sees 376,150 shares exchange hands each day. The stock now has a 52-week low of 0.02 and high of 0.07.

S&P/TSX Composite Index: Making Canadian Economy Grow Bigger

The Canadian economy is growing as fast as any global economy giant today. It may not yet be as big as that of the US or Japan but it surely boasts with a promising trade and commerce environment.

The main stock exchange in Canada is the Toronto Stock Exchange (TSX) with the benchmark index being the S&P/TSX Composite Index. The TSX perfectly represents how much the Canadian economy has grown and evolved through the years and how it still continues to transform for the better.

Getting to Know the TSX

The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May. MediaValet Inc. trades on the exchange. The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the TSX with about 250 companies included in it. More than half of it is composed of the its biggest sectors only’ the Financials sector and the Energy sector. Included in the list of top five biggest sectors in the S&P/TSX Composite Index are the Materials, Industrials, and Consumer Discretionary sectors.

In February 1950, the S&P/TSX Composite Index had posted its all-time low, 217.50. In September 2014, it had posted its all-time high, 15,657.63. The surge in oil prices in 2014 had led the S&P/TSX Composite Index to attain this peak level as both the Energy and Financial sectors primarily got a boost.

S&P/TSX Composite Index Eligibility

The S&P/TSX Composite Index, like most indices, is a free-float market-capitalization-weighted index. This means that stocks that are not frequently traded are automatically excluded from it. These stocks are those that are held by venture capitalists, inside traders, the government, among others.

In order to become a component of the S&P/TSX Composite Index, a company must first meet a set of certain criteria.

First, a company must of course be listed on the TSX. That being said, it must abide by all Canadian laws.

Should it be included, the company must weigh a minimum of 0.05% on the S&P/TSX Composite Index. MediaValet Inc. complies with the rules for listing.

In terms of price, its average stock price in the past three months prior to rebalancing date must be at least C$1. Its stock price in the three sessions immediately prior to rebalancing date must also be at least C$1.

In terms of trading volume, the company must represent at least 0.025% of the total trading volume of the components of the S&P/TSX Composite Index.

Oil prices are highly expected to rebound soon, giving the TSX a further lift, as the Organization of the Petroleum Exporting Countries (OPEC) is to cut oil production amid the growing supply glut dilemma. This is why more and more investors are considering to enter the Canadian equity market. Needless to say, investing in the TSX is the best way to bet on one of the world’s most influential economies. Professional analysts might be interested how this will affect MediaValet Inc..

Another recent and important MediaValet Inc. (CVE:MVP) news was published by Theglobeandmail.com which published an article titled: “Inside the Market Wednesday’s analyst upgrades and downgrades – The Globe and Mail” on January 16, 2019.

MediaValet Inc. primarily engages in developing and licensing enterprise-grade, cloud-based, digital asset management software worldwide. The company has market cap of $6.93 million. The firm offers MediaValet, a cloud digital asset management system. It currently has negative earnings. It also creates mobile applications for iOS, Android, and Windows devices.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

Garibaldi Resources Corp. (GGI) Rises 1% on Mar 11

Garibaldi Resources Corp. trades on the exchange. … The Money Investor Group Co-Founders Discuss Buying Canopy Growth Corp at $1.60 – Midas …

Shares of Garibaldi Resources Corp. (CVE:GGI) last traded at 1.01, representing a move of 1%, or 0.01 per share, on volume of 121,874 shares. After opening the trading day at 1, shares of Garibaldi Resources Corp. traded in a close range. Garibaldi Resources Corp. currently has a total float of 108.62 million shares and on average sees 156,985 shares exchange hands each day. The stock now has a 52-week low of 0.86 and high of 3.6.

S&P/TSX Composite Index: Making Canadian Economy Grow Bigger

The Canadian economy is growing as fast as any global economy giant today. It may not yet be as big as that of the US or Japan but it surely boasts with a promising trade and commerce environment.

The main stock exchange in Canada is the Toronto Stock Exchange (TSX) with the benchmark index being the S&P/TSX Composite Index. The TSX perfectly represents how much the Canadian economy has grown and evolved through the years and how it still continues to transform for the better.

Getting to Know the TSX

The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May. Garibaldi Resources Corp. trades on the exchange. The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the TSX with about 250 companies included in it. More than half of it is composed of the its biggest sectors only’ the Financials sector and the Energy sector. Included in the list of top five biggest sectors in the S&P/TSX Composite Index are the Materials, Industrials, and Consumer Discretionary sectors.

In February 1950, the S&P/TSX Composite Index had posted its all-time low, 217.50. In September 2014, it had posted its all-time high, 15,657.63. The surge in oil prices in 2014 had led the S&P/TSX Composite Index to attain this peak level as both the Energy and Financial sectors primarily got a boost.

S&P/TSX Composite Index Eligibility

The S&P/TSX Composite Index, like most indices, is a free-float market-capitalization-weighted index. This means that stocks that are not frequently traded are automatically excluded from it. These stocks are those that are held by venture capitalists, inside traders, the government, among others.

In order to become a component of the S&P/TSX Composite Index, a company must first meet a set of certain criteria.

First, a company must of course be listed on the TSX. That being said, it must abide by all Canadian laws.

Should it be included, the company must weigh a minimum of 0.05% on the S&P/TSX Composite Index. Garibaldi Resources Corp. complies with the rules for listing.

In terms of price, its average stock price in the past three months prior to rebalancing date must be at least C$1. Its stock price in the three sessions immediately prior to rebalancing date must also be at least C$1.

In terms of trading volume, the company must represent at least 0.025% of the total trading volume of the components of the S&P/TSX Composite Index.

Oil prices are highly expected to rebound soon, giving the TSX a further lift, as the Organization of the Petroleum Exporting Countries (OPEC) is to cut oil production amid the growing supply glut dilemma. This is why more and more investors are considering to enter the Canadian equity market. Needless to say, investing in the TSX is the best way to bet on one of the world’s most influential economies. Professional analysts might be interested how this will affect Garibaldi Resources Corp..

More news for Garibaldi Resources Corp. (CVE:GGI) were recently published by: Midasletter.com, which released: “VIDEO: Follow The Money Investor Group Co-Founders Discuss Buying Canopy Growth Corp at $1.60 – Midas Letter” on August 18, 2018. Mining.com‘s article titled: “Nickel-copper-cobalt find vaults Vancouver junior to top of TSX-V ranking – MINING.com” and published on February 25, 2018 is yet another important article.

Garibaldi Resources Corp., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company has market cap of $109.71 million. It primarily explores for nickel, copper, cobalt, and magmatic sulphide deposits, as well as gold, silver, and base metal deposits. It currently has negative earnings. The company’s flagship project is the E&L project that is located at Nickel Mountain in northwest British Columbia.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

Metallis Resources Inc. (MTS) Is Yet to See Trading Action on Mar 10

Shares of Metallis Resources Inc. (CVE:MTS) closed at 0.58 yesterday. … Inclusion into the index requires a company to have its stock first listed on the … Buying Canopy Growth Corp at $1.60 – Midas Letter” on August 18, 2018.

Shares of Metallis Resources Inc. (CVE:MTS) closed at 0.58 yesterday. Metallis Resources Inc. currently has a total float of 32.99 million shares and on average sees 28,411 shares exchange hands each day. The stock now has a 52-week low of 0.39 and high of 1.53.

Facts About S&P/TSX Index

S&P/TSX is Canada’s leading market index that features stocks of the largest companies listed on the Toronto Stock Exchange. The index features stocks as measured by market-capitalization, and currently account for 70% of the total market capitalization of the TSX.

The S&P TSX came into being after replacing the TSE 300 Index that was initially used as a benchmark for the country’s stock market. The performance of the index is most of the time used by investors worldwide to gauge the health of the country’s equity market as well as overall economy.

Listing Requirements

Inclusion into the index requires a company to have its stock first listed on the TSX. The company must also be incorporated under Canadian laws. Given that the index is market-capitalization weighted, all stocks listed must weigh at least 0.05% of the index with a share price tag of not less than C$1 in the last three trading session of any given month. Metallis Resources Inc. complies with the rules for listing.

The index also plays close watch to a company’s liquidity prior to the listing of its stock. For a stock to be listed on the S&P TSX it must be liquid enough to support unusual volume changes as well as dollar movements. The measure also ensures that at no one point one stock dominates the movement of the entire index.

TSX Coverage Sector

The S&P TSX has about 250 components at any given point from which the weighted points are generated. These components cover a variety of sectors ranging from Materials, Consumer Discretionary, Financials, and Energy to Healthcare. Currently, Financials account for 36% of the index total market capitalization with the Energy sector coming a close second with 20% share.

– Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Since its inception, the S&P TSX has registered an all-time low of 217.50 points registered in February 1950. The Index all time high currently stands at 15657.63 points, printed in September 2014. The energy and the commodities sectors are known to have a huge say on the index overall performance given that a majority of components it carries have exposure to the two sectors.

S&P TSX is dominated by commodity stocks notably in the oil sector given the concentration of natural resources in Canada. The index was on the receiving end at the beginning of the year having taken a beating on oil prices plunging to multi-year lows. A recovery in the sector in recent months has aroused hopes of a bright future as commodity prices continue to strengthen.

TSX Performance

A move by OPEC members to curb production should have a positive impact on the S&P TSX given that the same would bolster stock prices of a good number of stocks it carries. Stability in the Canadian economy is another reason the index continues to evoke interest from institutional investors worldwide as it is seen as a safe haven compared to other economies that are slowly sinking into recession. Professional analysts might be interested how this will affect Metallis Resources Inc..

Domestic and foreign retail investors flocking into the Canadian equity market is only expected to push the S&P TSX higher given the growth prospects of most of the companies it carries.

Another recent and important Metallis Resources Inc. (CVE:MTS) news was published by Midasletter.com which published an article titled: “VIDEO: Follow The Money Investor Group Co-Founders Discuss Buying Canopy Growth Corp at $1.60 – Midas Letter” on August 18, 2018.

Metallis Resources Inc. engages in the exploration and development of mineral properties in Canada. The company has market cap of $19.13 million. The firm primarily explores for gold, copper, and silver deposits. It currently has negative earnings. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering approximately 10,600 hectares located in northwestern British Columbia.

Related Posts:

  • No Related Posts

Crescent Point Energy Corp. (CPG) Dipped -3.43% on Mar 7

After opening the trading day at 4, shares of Crescent Point Energy Corp. traded in a close … The stock now has a 52-week low of 3.24 and high of 11.81. … 2018 as well as Midasletter.com’s news article titled: “Canopy Growth Corp …

Shares of Crescent Point Energy Corp. (TSE:CPG) last traded at 3.94, representing a move of -3.43%, or -0.14 per share, on volume of 9.63 million shares. After opening the trading day at 4, shares of Crescent Point Energy Corp. traded in a close range. Crescent Point Energy Corp. currently has a total float of 550.51M shares and on average sees 4.52M shares exchange hands each day. The stock now has a 52-week low of 3.24 and high of 11.81.

TSX: Leading Canada’s Growth

The equity market is a reliable indicator of any nation’s economic condition. Because of it, investors are able to determine the future of the economy and make investments based on logical numbers.

Canada has one of the world’s fastest growing economies’ thanks to its flourishing equity market that has withstood the toughest of times and still remains thriving until today.

The Canadian Equity Market

The Toronto Stock Exchange (TSX) is the main stock exchange in Canada. The benchmark index weighing its stocks is the S&P/TSX Composite Index, which makes up 70% of the total market capitalization of the TSX.

More than 1,500 companies are listed on the TSX as of October 2014. In May, the total market capitalization of the TSX was seen at nearly $3 trillion.

More than 200 companies are included in the S&P/TSX Composite Index, 36% of which belong to the Financials sector alone. The Energy sector is the second largest sector in the S&P/TSX Composite Index, making up 20% of it, followed by the Materials sector, Industrial sector, and Consumer Discretionary sector in the top five.

The S&P/TSX Composite Index has an all-time low of 217.50 and an all-time high of 15,657.63. Crescent Point Energy Corp. trades on the exchange.

Trading on the TSX starts and ends at 9:30 a.m. and 4:00 p.m., respectively. Meanwhile, post-market trading starts and ends at 4:15 p.m. and 5:00 p.m., respectively.

How It Works

The S&P/TSX Composite Index measures stocks based on market capitalization with respect to share price. Such is the case to make sure that only the most actively traded stocks represent one of the world’s closely watched indices, providing accurate, real-time manifestations of the Canadian economy. This means that stocks held by the government, company insiders, and venture capitalists are not weighted on the S&P/TSX Composite Index.

For stocks to be included in the S&P/TSX Composite Index, they must first be listed on the TSX under the mandate of the Canadian government. They must make up at least 0.05% of the S&P/TSX Composite Index. This requirement guarantees a harmonious and perfectly balanced index. Crescent Point Energy Corp. complies with the rules for listing.

Liquidity is also an important consideration in maintaining the S&P/TSX Composite Index. The trading volume of each stock must compose at least 0.025% of the total trading volume of all stocks eligible for inclusion. In terms of price, each stock must have a minimum average trading price of C$1 in the three months immediately preceding the review date. It must also have a minimum trading price of C$1 in the three trading days immediately preceding the rebalancing.

The Organization of the Petroleum Exporting Countries (OPEC) has finally decided to minimize oil production as an answer to the long-time problem of oversupply. This means that crude oil prices are set to bounce back from the turmoil, lifting the TSX further. Consequently, investing on TSX stocks is just reasonable for investors nowadays. Professional analysts might be interested how this will affect Crescent Point Energy Corp..

More notable recent Crescent Point Energy Corp. (TSE:CPG) news were published by: Midasletter.com which released: “Canaccord Genuity Inc (TSE:CF) Analyst on Aurora Cannabis (TSE:ACB) and Canopy Growth (TSE:WEED) Financials – Midas Letter” on February 26, 2019, also Warriortradingnews.com with their article: “Investment Bank Expects Global Cannabis Market to Reach $630 Billion – Warrior Trading News” published on February 22, 2019, Theglobeandmail.com published: “The week’s most oversold and overbought stocks on the TSX – The Globe and Mail” on November 23, 2018. More interesting news about Crescent Point Energy Corp. (TSE:CPG) were released by: Midasletter.com and their article: “GGB Takeover Bid of Aphria Inc (TSE:APHA) Makes Conflicting Sense – Midas Letter” published on December 28, 2018 as well as Midasletter.com‘s news article titled: “Canopy Growth Corp (TSE:WEED) Obtains New York License: Ben Smith’s Weekly Cannabis Wrap – Midas Letter” with publication date: January 22, 2019.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $2.17 billion. The company’s natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

Shopify Inc. (SHOP) Dipped -0.01% on Mar 7

Shares of Shopify Inc. (TSE:SHOP) last traded at 251.93, representing a … “Canopy Growth Corp: New Partnership Could Turn Canopy into Leading …

Shares of Shopify Inc. (TSE:SHOP) last traded at 251.93, representing a move of -0.01%, or -0.02 per share, on volume of 203,623 shares. After opening the trading day at 251.05, shares of Shopify Inc. traded in a close range. Shopify Inc. currently has a total float of 108.01M shares and on average sees 298,370 shares exchange hands each day. The stock now has a 52-week low of 143.01 and high of 259.39.

TSX: Leading Canada’s Growth

The equity market is a reliable indicator of any nation’s economic condition. Because of it, investors are able to determine the future of the economy and make investments based on logical numbers.

Canada has one of the world’s fastest growing economies’ thanks to its flourishing equity market that has withstood the toughest of times and still remains thriving until today.

The Canadian Equity Market

The Toronto Stock Exchange (TSX) is the main stock exchange in Canada. The benchmark index weighing its stocks is the S&P/TSX Composite Index, which makes up 70% of the total market capitalization of the TSX.

More than 1,500 companies are listed on the TSX as of October 2014. In May, the total market capitalization of the TSX was seen at nearly $3 trillion.

More than 200 companies are included in the S&P/TSX Composite Index, 36% of which belong to the Financials sector alone. The Energy sector is the second largest sector in the S&P/TSX Composite Index, making up 20% of it, followed by the Materials sector, Industrial sector, and Consumer Discretionary sector in the top five.

The S&P/TSX Composite Index has an all-time low of 217.50 and an all-time high of 15,657.63. Shopify Inc. trades on the exchange.

Trading on the TSX starts and ends at 9:30 a.m. and 4:00 p.m., respectively. Meanwhile, post-market trading starts and ends at 4:15 p.m. and 5:00 p.m., respectively.

How It Works

The S&P/TSX Composite Index measures stocks based on market capitalization with respect to share price. Such is the case to make sure that only the most actively traded stocks represent one of the world’s closely watched indices, providing accurate, real-time manifestations of the Canadian economy. This means that stocks held by the government, company insiders, and venture capitalists are not weighted on the S&P/TSX Composite Index.

For stocks to be included in the S&P/TSX Composite Index, they must first be listed on the TSX under the mandate of the Canadian government. They must make up at least 0.05% of the S&P/TSX Composite Index. This requirement guarantees a harmonious and perfectly balanced index. Shopify Inc. complies with the rules for listing.

Liquidity is also an important consideration in maintaining the S&P/TSX Composite Index. The trading volume of each stock must compose at least 0.025% of the total trading volume of all stocks eligible for inclusion. In terms of price, each stock must have a minimum average trading price of C$1 in the three months immediately preceding the review date. It must also have a minimum trading price of C$1 in the three trading days immediately preceding the rebalancing.

The Organization of the Petroleum Exporting Countries (OPEC) has finally decided to minimize oil production as an answer to the long-time problem of oversupply. This means that crude oil prices are set to bounce back from the turmoil, lifting the TSX further. Consequently, investing on TSX stocks is just reasonable for investors nowadays. Professional analysts might be interested how this will affect Shopify Inc..

More notable recent Shopify Inc. (TSE:SHOP) news were published by: Fool.ca which released: “These 3 Small-Cap Tech Stocks Are Diamonds in the Rough – The Motley Fool Canada” on February 10, 2019, also Midasletter.com with their article: “High Tide Inc (CNSX:HITI) Cannabis Accessory Retailer Backed by Aurora Cannabis (TSE:ACB) – Midas Letter” published on February 25, 2019, Nytimes.com published: “Hong Kong, Crossroads of the Criminal Wildlife Trade – The New York Times” on February 12, 2019. More interesting news about Shopify Inc. (TSE:SHOP) were released by: Profitconfidential.com and their article: “Canopy Growth Corp: New Partnership Could Turn Canopy into Leading Global Pot Retailer – Profit Confidential” published on February 28, 2019 as well as Seekingalpha.com‘s news article titled: “Shopify Inc. (SHOP) CEO Tobias Lütke on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: October 25, 2018.

Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. The company has market cap of $27.21 billion. The Company’s platform provides merchants with a single view of their business and clients in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships, and leverage analytics and reporting. It currently has negative earnings. The firm was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts