End of Month - January - 2018 End of the Month (EOM) report for January 2018
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AXY.TO closed on 01/31/2018 at $7.79
AXY.TO closed on 11/29/2017 at $8.00
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This is a 2.6%, a 21-cent, loss in January.
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S&P 500 Index, at 2,823.8, gained 5.6% in January. [11.7% above its MA(200) @ 2,527.8]
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Two Hundred Day Moving Average [MA(200)] stuff.
AXY's MA(200) ended January at C$6.17
AXY is now 26.3% above its MA(200).
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News Release on the AXY Website in January
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Jan 17, 2018
Alterra Power Corp. Announces Election Deadline for Innergex Arrangement
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Innergex Renewable Energy [T.INE].
INE will be purchasing our AXY shares for C$8.25 after the first of the year.
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T.INE closed 01/31/2017 at C$13.77
T.INE closed 12/29/2017 at C$14.40
T.INE lost 63-cents, or 4.4%, in January.
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It’s MA(200) is C$14.15, INE is currently at 2.7% less than that.
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RJ